Mental Health America of South Carolina
Analysis
Mental Health America of South Carolina is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in March 1998, 28 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 December 2023, Mental Health America of South Carolina reported income of $220k and spending of $210k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $220k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 87% 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 South Carolina 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 56th percentile, and in the 61st percentile within SC. Charities of a similar size with the same main cause include Red Hook Child Care Center Inc ($220k), Brittingham Foundation Inc ($220k) and White River Valley Historical Society ($220k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $85k (41% of expenses). Other salaries and wages came to $3,719. At year end it held assets of $216k against liabilities of $48k, net assets of $169k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Program services 1.5%
- Other 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Red Hook Child Care Center Inc | Red Hook | $220k |
| Brittingham Foundation Inc | Wilmington | $220k |
| White River Valley Historical Society | Auburn | $220k |
| Hebrew Free Loan Assn of Tucson | Tucson | $220k |