Mental Health Association of East Tennessee Inc

Analysis

Mental Health Association of East Tennessee Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 1956, 70 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 December 2023, Mental Health Association of East Tennessee Inc reported income of $1.5m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $1.5m (+144%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 93% 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 Association of East Tennessee Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Warrior Health Foundation ($1.5m), Wayne Memorial Health System Inc ($1.5m) and Tri-County Respite Care Service ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $182k (14% of expenses). Other salaries and wages came to $553k. At year end it held assets of $739k against liabilities of $247k, net assets of $492k. It reported 28 employees.