Mid Shore Mental Health Systems Inc

Analysis

Mid Shore Mental Health Systems Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in June 1993, 33 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 2024, Mid Shore Mental Health Systems Inc reported income of $16.3m and spending of $16.3m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.4m to $16.3m (+155%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mid Shore Mental Health Systems Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include FMRS Health Systems Inc ($16.3m), Dubois Continuum of Care Community Inc ($16.3m) and St Vincent Hospital Foundation Inc ($16.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $354k (2.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.1m against liabilities of $7.5m, net assets of $572k. It reported 28 employees.