Global Fund for Mental Health Inc

Analysis

Global Fund for Mental Health Inc is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Global Fund for Mental Health Inc reported income of $1.1m and spending of $833k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $1.1m (+214%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 209%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Fund for Mental Health Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Keeping Families Covered ($1.1m), Diamonds on the Rise ($1.1m) and World Aquatic Coalition Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $72k. At year end it held assets of $640k against liabilities of $0, net assets of $640k.