Mental Health Heroes

Analysis

Mental Health Heroes is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in August 2009, 17 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 Heroes reported income of $137k and spending of $102k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $40k to $137k (+243%), an average of +36% a year. The sharpest change came in the year to June 2020, when income dropped by 201%. Over the whole period it spent 76% 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 Heroes sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Carolina Childrens Charity Inc ($137k), Empower House ($137k) and Pituitary Network Association ($137k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.