Mental Health Programs Inc-Xi

Analysis

Mental Health Programs Inc-Xi is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 1998, 28 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-Xi reported income of $63k and spending of $73k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $63k (-0.3%), an average of -0.3% a year. Over the whole period it spent 126% 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-Xi sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Abilities at English Park Inc ($63k), Harbor Lights Housing ($63k) and Lenawee Housing Development Coalition ($63k).

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 $276k against liabilities of $464k, net assets of -$188k.