Mental Health Leadership Initiative Inc

Analysis

Mental Health Leadership Initiative Inc is a registered charity in United States, based in Foxboro, MA. It received its IRS tax-exemption ruling in April 2015, 11 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 Leadership Initiative Inc reported income of $5.2m and spending of $5.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $5.2m (+213%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 377%. Over the whole period it spent 176% 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 Leadership Initiative Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Counseling Service of E D Ny Inc ($5.2m), Wisconsin Sleep Inc ($5.2m) and Colorado Community Managed Care Network ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $984k (18% of expenses). Other salaries and wages came to $845k. At year end it held assets of $1.2m against liabilities of $290k, net assets of $896k. It reported 26 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.