Mental Health Housing Foundation

Analysis

Mental Health Housing Foundation is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Housing Foundation reported income of $953k and spending of $1.2m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $541k to $953k (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mental Health Housing Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include South of Downtown Community Development Organization ($953k), New Road Community Development Group of Exmore ($954k) and San Bernardino Senior Housing Inc ($953k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Other salaries and wages came to $310k. At year end it held assets of $7.6m against liabilities of $8.7m, net assets of -$1.1m. It reported 6 employees.

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.