Mid-Erie Mental Health Services Inc

Analysis

Mid-Erie Mental Health Services Inc is a registered charity in United States, based in Cheektowaga, NY. It received its IRS tax-exemption ruling in March 1974, 52 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, Mid-Erie Mental Health Services Inc reported income of $21.2m and spending of $20.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.2m to $21.2m (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Erie Mental Health Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Alternative Schools Network ($21.2m), Volunteers of America Inc ($21.2m) and First Medical Insurance Compant a Risk Retention Group ($21.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $304k (1.5% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $13.1m against liabilities of $4.3m, net assets of $8.8m. It reported 278 employees.