Mental Health Programs Inc IX

Analysis

Mental Health Programs Inc IX is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mental Health Programs Inc IX reported income of $202k and spending of $213k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $156k to $202k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mental Health Programs Inc IX sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Emmys Academy ($202k), Casa Shalom Ministries Inc ($202k) and East Texas Human Needs Network ($202k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $21k. At year end it held assets of $542k against liabilities of $1.2m, net assets of -$620k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.