Mental Health America of Virginia

Analysis

Mental Health America of Virginia is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in May 1970, 56 years ago. 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 Virginia reported income of $247k and spending of $258k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $206k to $247k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mental Health America of Virginia sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Delavan-Darien School District Foundation Inc ($247k), International Lawn Tennis Club of the United States of America Inc ($247k) and Louisiana Disabled Persons Housing Corporation ($247k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (9.2% of expenses). Other salaries and wages came to $174k. At year end it held assets of $320k against liabilities of $0, net assets of $320k. It reported 5 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.