Mental Health Collective

Analysis

Mental Health Collective is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 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, Mental Health Collective reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.7m (+33%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 93% 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 Collective sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Center for Speech and Language Disorders ($1.7m), Genesis Health Foundation Inc ($1.7m) and Coalinga Valley Health Clinics Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $853k against liabilities of $313k, net assets of $540k. It reported 34 employees.