Mental Health Center of Passaic Inc

Analysis

Mental Health Center of Passaic Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in April 1968, 58 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mental Health Center of Passaic Inc reported income of $6.2m and spending of $6.5m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $6.2m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mental Health Center of Passaic Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Lane Workforce Partnership ($6.2m), Arizona Womens Recovery Center ($6.2m) and Community Health Partnership of Santa Clara County Incorporated ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.1m (17% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $3.5m against liabilities of $1.8m, net assets of $1.7m. It reported 159 employees.