Mental Health Association of Maryland Inc

Analysis

Mental Health Association of Maryland Inc is a registered charity in United States, based in Lutherville, MD. It received its IRS tax-exemption ruling in March 1952, 74 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 June 2023, Mental Health Association of Maryland Inc reported income of $4.2m and spending of $6.4m, spending 151% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $7.4m to $4.2m (-43%), an average of -13% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 118% 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 Association of Maryland Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Society of Health and Physical Educators ($4.2m), National Kidney Foundation of Hawaii ($4.2m) and Childrens Diabetes Foundation ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $1.1m (17% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $3.9m against liabilities of $1.4m, net assets of $2.5m. It reported 61 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.