Mental Health Association in Putnam County II Inc

Analysis

Mental Health Association in Putnam County II Inc is a registered charity in United States, based in Carmel, NY. It received its IRS tax-exemption ruling in January 1994, 32 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, Mental Health Association in Putnam County II Inc reported income of $312k and spending of $221k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $449k to $312k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mental Health Association in Putnam County II Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Sweeny Community Hospital Foundation ($312k), Jones Project Inc ($312k) and Idaho Pediatric Cancer Coalition Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $74k (34% of expenses). Other salaries and wages came to $56k. At year end it held assets of $424k against liabilities of $47k, net assets of $376k. It reported 12 employees.