North Charles Mental Health Research and Training Foundation I

Analysis

North Charles Mental Health Research and Training Foundation I is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 1972, 54 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, North Charles Mental Health Research and Training Foundation I reported income of $2.5m and spending of $2.2m, spending 86% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.5m (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Charles Mental Health Research and Training Foundation I sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Lincoln Emergency Medical Services Inc ($2.5m), Free Medical Clinic of Oak Ridge Inc ($2.5m) and Rutland Regional Health Services ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $141k (6.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.9m against liabilities of $581k, net assets of $1.3m. It reported 29 employees.