Mental Health Innovation Foundation

Analysis

Mental Health Innovation Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover health care, 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 December 2023, Mental Health Innovation Foundation reported income of $38.7m and spending of $112k, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $39.2m to $38.7m (-1.4%), an average of -1.4% a year. Over the whole period it spent 0.2% 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 Innovation Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NE. Charities of a similar size with the same main cause include Cope Community Services Inc ($38.6m), Community Care Alliance ($38.7m) and Vista Hill Foundation ($38.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $90.2m against liabilities of $13.8m, net assets of $76.3m.