My Mental Health Inc

Analysis

My Mental Health Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, My Mental Health Inc reported income of $78k and spending of $71k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,584 to $78k (+1291%), an average of +1291% a year. The sharpest change came in the year to December 2023, when income rose by 1291%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Mental Health Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Melrose Area Food Shelf ($78k), Chasing the Rainbows ($78k) and Brandon Area Food Pantry ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $67, net assets of $12k.