The Mental Health Association in Jefferson County Incorporated

Analysis

The Mental Health Association in Jefferson County Incorporated is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in June 1968, 58 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, The Mental Health Association in Jefferson County Incorporated reported income of $1.0m and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $1.0m (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Mental Health Association in Jefferson County Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include The League Club Inc ($1.0m), Crafton Tower-Ahi Inc ($1.0m) and Wee Care Day Care Nursery Centers Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $66k (5.8% of expenses). Other salaries and wages came to $555k. At year end it held assets of $1.0m against liabilities of $1.1m, net assets of -$64k. It reported 28 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.