Quality Mental Health Inc

Analysis

Quality Mental Health Inc is a registered charity in United States, based in Greenwood, MS. It received its IRS tax-exemption ruling in January 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Quality Mental Health Inc reported income of $680k and spending of $508k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $680k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quality Mental Health Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within MS. Charities of a similar size with the same main cause include Armonk Childrens Corner Inc ($680k), Bowie Boys & Girls Club Inc ($680k) and Mankato Ballet Company ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 16% of the total. At year end it held assets of $4.3m against liabilities of $45k, net assets of $4.3m.