Metropolitan Center for Mental Health Inc

Analysis

Metropolitan Center for Mental Health Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1964, 62 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Metropolitan Center for Mental Health Inc reported income of $8.3m and spending of $12.1m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.1m to $8.3m (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metropolitan Center for Mental Health Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include South Shore Child Association Incorporated ($8.3m), Center for Veterans Research and Education ($8.3m) and Sawtooth Mountain Clinic Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.0m (8.4% of expenses). Other salaries and wages came to $5.0m. It paid $73k in professional fundraising fees. At year end it held assets of $23.6m against liabilities of $4.3m, net assets of $19.3m. It reported 72 employees.