Mental Health Resource of Texas

Analysis

Mental Health Resource of Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Resource of Texas reported income of $2.1m and spending of $2.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.1m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mental Health Resource of Texas sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Community College of Aurora Foundation ($2.1m), Charlestown Cooperative Nurseryschool Inc ($2.1m) and Education Partnership of the Permian Basin ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $227k (10% of expenses). Other salaries and wages came to $647k. At year end it held assets of $360k against liabilities of $332k, net assets of $28k. It reported 13 employees.