Mental Health Collaborative of Indian River Inc

Analysis

Mental Health Collaborative of Indian River Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in January 2017, 9 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 September 2023, Mental Health Collaborative of Indian River Inc reported income of $424k and spending of $459k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $296k to $424k (+43%), an average of +9.4% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 107% 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 Collaborative of Indian River Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Beautiful Gate Outreach Center Inc ($424k), Elevate Life ($424k) and Desert Star Institute for Family Planning Inc ($424k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $246k. At year end it held assets of $240k against liabilities of $148k, net assets of $92k. It reported 6 employees.