Greater Reading Mental Health Alliance

Analysis

Greater Reading Mental Health Alliance is a registered charity in United States, based in Wyomissing, PA. It received its IRS tax-exemption ruling in June 1959, 67 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 December 2023, Greater Reading Mental Health Alliance reported income of $887k and spending of $1.2m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $887k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greater Reading Mental Health Alliance sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Howard County Medical Center Foundation ($887k), Gouverneur Volunteer Rescue Squad Inc ($888k) and Casa Fortaleza ($887k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $89k (7.2% of expenses). Other salaries and wages came to $730k. At year end it held assets of $2.0m against liabilities of $36k, net assets of $2.0m. It reported 19 employees.