Hiawatha Valley Mental Health Center

Analysis

Hiawatha Valley Mental Health Center is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in March 1967, 59 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 December 2023, Hiawatha Valley Mental Health Center reported income of $11.4m and spending of $11.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $11.4m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hiawatha Valley Mental Health Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Solomon Schechter Day School of Bergen County ($11.4m), Edlavitch Jewish Community Center of Washington DC Inc ($11.4m) and American College of Allergy & Immunology ($11.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $260k (2.2% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $10.9m against liabilities of $5.5m, net assets of $5.4m. It reported 189 employees.