Mental Health Services for Homeless Persons Inc

Analysis

Mental Health Services for Homeless Persons Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mental Health Services for Homeless Persons Inc reported income of $29.8m and spending of $30.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $30.0m to $29.8m (-0.7%), an average of -0.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mental Health Services for Homeless Persons Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include The Seventh Generation Fund for Indigenous Peoples Inc ($29.8m), Bay Village of Sarasota Inc ($29.9m) and Compass Inc ($29.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $440k (1.5% of expenses). Other salaries and wages came to $14.8m. At year end it held assets of $11.5m against liabilities of $5.3m, net assets of $6.3m. It reported 395 employees.