Mental Health America of Fredericksburg Inc

Analysis

Mental Health America of Fredericksburg Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 America of Fredericksburg Inc reported income of $239k and spending of $247k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $284k to $239k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mental Health America of Fredericksburg Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include BBB of Central Arizona Foundation ($239k), Alleghany Highlands Economic Development Corporation ($239k) and Warren County Public Facilities Company ($239k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $189k. At year end it held assets of $260k against liabilities of $18k, net assets of $242k. It reported 7 employees.