Training Institute for Mental Health Practitioner

Analysis

Training Institute for Mental Health Practitioner is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1970, 56 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Training Institute for Mental Health Practitioner reported income of $509k and spending of $674k, spending 132% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $825k to $509k (-38%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 32%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Training Institute for Mental Health Practitioner sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include West Virginia Homes Inc ($509k), Beaches Council on Aging Inc ($509k) and Proenglish ($509k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $21k (3.2% of expenses). Other salaries and wages came to $354k. At year end it held assets of $429k against liabilities of $163k, net assets of $267k. It reported 54 employees.