Mental Health Resources Inc

Analysis

Mental Health Resources Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in October 1973, 53 years ago. 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 September 2022, Mental Health Resources Inc reported income of $1.2m and spending of $1.7m, spending 143% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income grew from $1.1m to $1.2m (+5.8%), an average of +1.9% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 133% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mental Health Resources Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Diversified Services Center Inc ($1.2m), Shrewsbury Youth and Family Services Inc ($1.2m) and Jewish Federation of Northwest Indiana Inc ($1.2m).

On its Form 990 for the period ending September 2022, revenue came from program service revenue 99% of the total. At year end it held assets of $3.7m against liabilities of $1.3m, net assets of $2.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.