Menninger Foundation

Analysis

Menninger Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1941, 85 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Menninger Foundation reported income of $239k and spending of $1.2m, spending 494% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $574k to $239k (-58%), an average of -20% a year. The sharpest change came in the year to June 2022, when income rose by 490%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Menninger Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Sapa-Gp Inc ($239k), End Alexander Disease Inc ($239k) and Legacy of Hope Inc ($239k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% of the total. At year end it held assets of $4.1m against liabilities of $38.2m, net assets of -$34.1m.