Mental Health Associates of the Triad

Analysis

Mental Health Associates of the Triad is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in May 2011, 15 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 2023, Mental Health Associates of the Triad reported income of $859k and spending of $912k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $765k to $859k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 98% 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 Associates of the Triad sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Kenmore Mercy Foundation Inc ($859k), Carlos Otis Stratton Mountain Clinic Inc ($859k) and Yorktown Volunteer Ambulance Corp Inc ($858k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $98k (11% of expenses). Other salaries and wages came to $442k. At year end it held assets of $1.0m against liabilities of $269k, net assets of $776k. It reported 18 employees.