Asian Mental Health Collective

Analysis

Asian Mental Health Collective is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2020, 6 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, Asian Mental Health Collective reported income of $570k and spending of $314k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $7,723 to $570k (+7284%), an average of +320% a year. The sharpest change came in the year to December 2021, when income rose by 18481%. Over the whole period it spent 21% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian Mental Health Collective sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Depression Solutions Inc ($570k), International Plasma Technology Center ($570k) and Because of Bailey Inc ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $76k (24% of expenses). At year end it held assets of $2.0m against liabilities of $3,404, net assets of $2.0m. It reported 2 employees.