Directions for Mental Health Inc

Analysis

Directions for Mental Health Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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, Directions for Mental Health Inc reported income of $21.0m and spending of $17.0m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.2m to $21.0m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Directions for Mental Health Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Concord Nursing Home Inc ($21.0m), Applewood Centers Inc ($21.1m) and New Directions Housing Corporation ($21.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $534k (3.1% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $13.7m against liabilities of $3.2m, net assets of $10.6m. It reported 302 employees.