Mental Health Resource Center Inc

Analysis

Mental Health Resource Center Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mental Health Resource Center Inc reported income of $59.8m and spending of $55.7m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $36.9m to $59.8m (+62%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 97% 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 Resource Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Muskingum Valley Health Centers ($59.7m), Springfield Hospital Inc ($59.8m) and Shenandoah Medical Center ($59.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $19.3m. At year end it held assets of $21.7m against liabilities of $7.8m, net assets of $13.9m. It reported 537 employees.