Amplified Minds

Analysis

Amplified Minds is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amplified Minds reported income of $61k and spending of $66k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $61k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Amplified Minds sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Aspens Angels Grief Outreach Foundation ($61k), Venti-Now ($61k) and United Methodist Retirement & Health Care Center Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.