Mental Health Programs Inc -Vi

Analysis

Mental Health Programs Inc -Vi is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Mental Health Programs Inc -Vi reported income of $196k and spending of $147k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $189k to $196k (+4.1%), an average of +4.1% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mental Health Programs Inc -Vi sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include North Central Housing Inc ($196k), Harlem Restoration Project Inc ($196k) and Residential Supports and Services Inc ($196k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $483k against liabilities of $257k, net assets of $226k.