Mental Health Empowerment Project Inc

Analysis

Mental Health Empowerment Project Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 Empowerment Project Inc reported income of $3.0m and spending of $3.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.0m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mental Health Empowerment Project Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include California Changelawyers ($3.0m), Historic Columbia Foundation Inc ($3.0m) and Bryn Mawr Theater Film Institute ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $125k (4.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $1.0m, net assets of $1.1m. It reported 42 employees.