MHMR Visions

Analysis

MHMR Visions is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, MHMR Visions reported income of $1.9m and spending of $409k, leaving 78% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $661k to $1.9m (+185%), an average of +30% a year. The sharpest change came in the year to August 2022, when income rose by 127%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, MHMR Visions sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Young Womens Christian Association ($1.9m), Teachaids ($1.9m) and Uplift Solutions Inc ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.