National Alliance on Mental Illness of Massachusetts Inc

Analysis

National Alliance on Mental Illness of Massachusetts Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 March 2023, National Alliance on Mental Illness of Massachusetts Inc reported income of $2.1m and spending of $2.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to March 2023, income grew from $1.8m to $2.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to March 2022, when income rose by 70%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Alliance on Mental Illness of Massachusetts Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Pioneer Community Care Inc ($2.1m), Mercy Health Foundation South ($2.1m) and Mercy & Truth Healthcare Ministry Inc ($2.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $368k (17% of expenses). Other salaries and wages came to $814k. At year end it held assets of $2.8m against liabilities of $921k, net assets of $1.9m. It reported 25 employees.