Mental Health Assoc of Frederck Cty

Analysis

Mental Health Assoc of Frederck Cty is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in May 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mental Health Assoc of Frederck Cty reported income of $6.3m and spending of $6.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $6.3m (+123%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 94% 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 Assoc of Frederck Cty sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Building Healthy Futures ($6.3m), Maryland Coalition of Families Inc ($6.3m) and Foundation for Mount Nittany Medical Center ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $345k (5.7% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $4.9m against liabilities of $1.6m, net assets of $3.3m. It reported 142 employees.