Hartford Community Mental Health Center Inc

Analysis

Hartford Community Mental Health Center Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in March 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hartford Community Mental Health Center Inc reported income of $2.8m and spending of $2.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $2.8m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hartford Community Mental Health Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Trenton Emergency Medical Service Tems ($2.8m), Autism Service Center of San Antonio ($2.8m) and Can Do Multiple Sclerosis ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $168k (6.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $900k against liabilities of $849k, net assets of $51k. It reported 32 employees.