Advocates for Mentally Ill Housing Inc

Analysis

Advocates for Mentally Ill Housing Inc is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Advocates for Mentally Ill Housing Inc reported income of $27.6m and spending of $8.8m, leaving 68% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $27.6m (+875%), an average of +77% a year. The sharpest change came in the year to June 2023, when income rose by 329%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advocates for Mentally Ill Housing Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Community Action Agency of Columbiana County Inc ($27.6m), Dakota Boys and Girls Ranch ($27.7m) and Second Harvest Food Bank of Northeast Tennessee Inc ($27.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $297k (3.4% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $30.1m against liabilities of $1.6m, net assets of $28.6m. It reported 124 employees.