Friends of Loudoun County Mental Health Inc

Analysis

Friends of Loudoun County Mental Health Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. 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 2024, Friends of Loudoun County Mental Health Inc reported income of $87k and spending of $99k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $93k to $87k (-6.7%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Loudoun County Mental Health Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Northern California Branch of the International Dyslexia Association ($87k), Indian Music Society Ofminnesota ($87k) and Friends of the Holyoke Creative Arts Center Inc ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $165k against liabilities of $6,202, net assets of $158k.