Mental Illness Research Association

Analysis

Mental Illness Research Association is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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 December 2023, Mental Illness Research Association reported income of $51k and spending of $79k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $51k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mental Illness Research Association sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Retreat House Corporation of the Adams County Council of Churches ($51k), Salem Christmas Fund Inc ($51k) and Life Group ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $25k (32% of expenses). At year end it held assets of $588k against liabilities of $2,615, net assets of $585k. It reported 1 employees.