Vital Voices for Mental Health Inc

Analysis

Vital Voices for Mental Health Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1999, 27 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, Vital Voices for Mental Health Inc reported income of $221k and spending of $227k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $221k (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vital Voices for Mental Health Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Healing Heart Project ($221k), Cure Spg47 Inc ($221k) and American Valor Foundation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $71k (31% of expenses). Other salaries and wages came to $90k. At year end it held assets of $79k against liabilities of $38k, net assets of $41k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.