Allegany County Mental Health Association

Analysis

Allegany County Mental Health Association is a registered charity in United States, based in Wellsville, NY. It received its IRS tax-exemption ruling in November 1955, 71 years ago. 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, Allegany County Mental Health Association reported income of $71k and spending of $81k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $71k (-3.7%), an average of -3.7% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allegany County Mental Health Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include PTA North Carolina Congress ($71k), PTA New Jersey Congress of Parents & Teachers ($71k) and Toledo Buffalo Soldiers Motorcycle Club ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.