National Network of Depression Centers

Analysis

National Network of Depression Centers is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in January 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Network of Depression Centers reported income of $889k and spending of $1.1m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $963k to $889k (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Network of Depression Centers sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Amersa Inc ($889k), Alfre ($889k) and Aimed Alliance ($889k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $174k (16% of expenses). At year end it held assets of $966k against liabilities of $97k, net assets of $869k.