Mental Health Association of Greater Chicago Inc

Analysis

Mental Health Association of Greater Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1960, 66 years ago. 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 Association of Greater Chicago Inc reported income of $221k and spending of $262k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $251k to $221k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mental Health Association of Greater Chicago Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Samaritan House Inc ($221k), Texas Lions Eye Bank Alliance ($221k) and Lincoln County Fair Association Inc ($221k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $90k (34% of expenses). Other salaries and wages came to $22k. At year end it held assets of $306k against liabilities of $1.3m, net assets of -$966k. It reported 2 employees.