Massachusetts Association for Mental Health

Analysis

Massachusetts Association for Mental Health is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Massachusetts Association for Mental Health reported income of $5.1m and spending of $3.8m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $5.1m (+260%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 126%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts Association for Mental Health sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Hortons Kids Inc ($5.1m), Young Mens Christian Association of Prattville Alabama Inc ($5.1m) and Down East Family YMCA ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $676k (18% of expenses). Other salaries and wages came to $559k. At year end it held assets of $6.9m against liabilities of $1.3m, net assets of $5.6m. It reported 12 employees.