Mental Health America Wabash Valley Region Inc

Analysis

Mental Health America Wabash Valley Region Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in September 2002, 24 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 December 2023, Mental Health America Wabash Valley Region Inc reported income of $3.3m and spending of $2.4m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $888k to $3.3m (+271%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 264%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mental Health America Wabash Valley Region Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Penncares ($3.3m), Kadoka Nursing Home Association ($3.3m) and Panhandle Regional Advisory Council Trauma Service Area a ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $6.1m against liabilities of $73k, net assets of $6.0m. It reported 74 employees.