Is Research Foundation For Mental Hygiene Inc Legit?

Quick charity verification for Research Foundation For Mental Hygiene Inc (EIN: 141410842)

Verdict: Research Foundation For Mental Hygiene Inc appears trustworthy

92/100Mission Score
$245.4MRevenue
$162.3MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Research Foundation For Mental Hygiene Inc demonstrates a consistent operational pattern, with revenues generally tracking expenses closely over the past decade. For instance, in the 202403 period, revenues were $246,667,779 against expenses of $249,961,196, indicating a slight operational deficit. This trend of near break-even operations is common for research-focused nonprofits, where funding is often tied directly to project costs. The organization's assets have shown substantial growth, from $92,056,536 in 201503 to $155,721,238 in 202403, suggesting effective management of resources and potentially successful grant acquisition. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries, which is a strong positive for donor confidence. While the financial data provided does not detail the exact breakdown of program, administrative, and fundraising expenses, the overall operational efficiency appears sound given the scale of its research activities. The organization's ability to maintain substantial assets while operating close to its expense levels suggests a stable financial foundation. The absence of officer compensation is a notable strength in terms of financial transparency and resource allocation. Further detailed expense breakdowns would provide a more granular view of spending efficiency, but the available data points to a well-managed entity focused on its mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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