Mental Health America Inc

Analysis

Mental Health America Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 1950, 76 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 America Inc reported income of $12.1m and spending of $10.8m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $12.1m (+139%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mental Health America 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 96th percentile within VA. Charities of a similar size with the same main cause include Hilltown Community Health Centers Inc ($12.1m), Housing Partnership Inc ($12.1m) and Albany Cso Pool Communities Corporation ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $1.3m (12% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $14.6m against liabilities of $2.1m, net assets of $12.5m. It reported 44 employees.