Mental Health America of the Palm Beaches Inc

Analysis

Mental Health America of the Palm Beaches Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in May 1998, 28 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 America of the Palm Beaches Inc reported income of $1.0m and spending of $798k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $668k to $1.0m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 101% 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 America of the Palm Beaches Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Juice Plus Foundation Inc ($1.0m), Michaels Place ($1.0m) and Mountain West Mothers Milk Bank ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $115k (14% of expenses). Other salaries and wages came to $294k. At year end it held assets of $870k against liabilities of $243k, net assets of $628k. It reported 19 employees.