Mental Health Coalition Inc

Analysis

Mental Health Coalition Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Coalition Inc reported income of $1.0m and spending of $1.6m, spending 155% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $751k to $1.0m (+38%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mental Health Coalition Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Green & Gold Guard ($1.0m), The Communitys Foundation ($1.0m) and United Way of Southern Chester County ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $245k (15% of expenses). Other salaries and wages came to $729k. It paid $172 in professional fundraising fees. At year end it held assets of $144k against liabilities of $410k, net assets of -$266k. It reported 12 employees.