Lee Carlson Center for Mental Health and Well-Being

Analysis

Lee Carlson Center for Mental Health and Well-Being is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lee Carlson Center for Mental Health and Well-Being reported income of $4.6m and spending of $5.3m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.5m to $4.6m (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lee Carlson Center for Mental Health and Well-Being sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include End Homelessness California ($4.6m), Elevate Youth Services Incorporated ($4.6m) and Gateway Medical Alliance ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $111k (2.1% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $1.0m against liabilities of $812k, net assets of $195k. It reported 81 employees.