Mental Health Resources Inc
Analysis
Mental Health Resources Inc is a registered charity in United States, based in Clovis, NM. It received its IRS tax-exemption ruling in February 1977, 49 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 June 2023, Mental Health Resources Inc reported income of $7.7m and spending of $7.8m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.1m to $7.7m (-6.1%), an average of -2.1% a year. 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, Mental Health Resources Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NM. Charities of a similar size with the same main cause include Suburban Access Inc ($7.6m), Baum-Harmon Mercy Hospital ($7.7m) and Visiting Nurses Assoc of Butler Co ($7.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Other salaries and wages came to $5.1m. At year end it held assets of $7.7m against liabilities of $399k, net assets of $7.3m. It reported 139 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.3%
- Program services 97%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Suburban Access Inc | Homewood | $7.6m |
| Baum-Harmon Mercy Hospital | Mason City | $7.7m |
| Visiting Nurses Assoc of Butler Co | Mars | $7.6m |
| CHC Community Care Inc | Madisonville | $7.7m |