Mental Health Assn of Nassau County Inc

Analysis

Mental Health Assn of Nassau County Inc is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in March 1954, 72 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 December 2023, Mental Health Assn of Nassau County Inc reported income of $13.3m and spending of $12.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.1m to $13.3m (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mental Health Assn of Nassau County Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Illinois High School Association ($13.3m), National Brain Tumor Society Inc ($13.3m) and International School of Indiana Inc ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $285k (2.3% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $18.5m against liabilities of $9.4m, net assets of $9.1m. It reported 198 employees.