Mental Health Association of Essex and Morris Inc

Analysis

Mental Health Association of Essex and Morris Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in May 1953, 73 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mental Health Association of Essex and Morris Inc reported income of $21.7m and spending of $19.0m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.7m to $21.7m (+59%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 92% 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 of Essex and Morris Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Chicot Memorial Medical Center ($21.7m), Icahn Medical Research Foundation ($21.7m) and The West Oakland Health Council ($21.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $744k (3.9% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $20.5m against liabilities of $9.1m, net assets of $11.5m. It reported 277 employees.