The Mental Health Association Of New York City Inc
Mental Health Association Of New York City Inc experiences rapid growth with over $332M in 2023 revenue and no reported officer compensation.
EIN: 132637308 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $324.1M |
| Total Expenses | $324.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $332 |
| Net Assets | $81.8M |
| Transparency Score | 90/100 |
Is The Mental Health Association Of New York City Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Mental Health Association Of New York City Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Mental Health Association Of New York City Inc
The Mental Health Association Of New York City Inc (EIN: 132637308) is a nonprofit organization based in New York, NY. The organization reported total revenue of $324.1M and total assets of $157.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Mental Health Association Of New York City Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Mental Health Association Of New York City Inc is a major nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $332.4M |
| Total Expenses | $324.6M |
| Surplus / Deficit | +$7.8M |
| Total Assets | $189.3M |
| Total Liabilities | $107.5M |
| Net Assets | $81.8M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 56.8% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, The Mental Health Association Of New York City Inc reported a surplus of $7.8M with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 56.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Mental Health Association Of New York City Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +166.1% | +185.8% | +102.9% |
| 2022 | +29.6% | +28.4% | +10.7% |
| 2021 | +27.2% | +61.8% | +19.8% |
| 2020 | +17.0% | +31.7% | +59.5% |
| 2019 | +55.3% | +4.4% | +166.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Mental Health Association Of New York City Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Mental Health Association Of New York City Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all available periods. This is highly unusual for an organization of this size, with over $332 million in revenue in 2023, and suggests that executive compensation may be reported under different categories or that key leadership roles are filled by uncompensated individuals, which would require further investigation for a complete understanding.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Mental Health Association Of New York City Inc's IRS 990 filings:
- 0% Officer Compensation reported for an organization of this scale, which is highly unusual and warrants further investigation into how executive leadership is compensated.
Strengths
The following positive indicators were identified for The Mental Health Association Of New York City Inc:
- Exceptional revenue growth, demonstrating increasing impact and support.
- Strong financial health with assets consistently exceeding liabilities.
- Consistent history of IRS 990 filings, indicating transparency.
- Expenses consistently managed below revenue, suggesting efficient operations.
Frequently Asked Questions about The Mental Health Association Of New York City Inc
Is The Mental Health Association Of New York City Inc a legitimate charity?
The Mental Health Association Of New York City Inc (EIN: 132637308) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $324.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does The Mental Health Association Of New York City Inc spend its money?
The Mental Health Association Of New York City Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Mental Health Association Of New York City Inc tax-deductible?
The Mental Health Association Of New York City Inc is registered as a tax-exempt nonprofit (EIN: 132637308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Mental Health Association Of New York City Inc CEO make?
The Mental Health Association Of New York City Inc's highest-compensated officer earns $332 annually. The organization reported $324.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Mental Health Association Of New York City Inc's spending goes to programs?
The Mental Health Association Of New York City Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Mental Health Association Of New York City Inc located?
The Mental Health Association Of New York City Inc is headquartered in New York, New York and files with the IRS under EIN 132637308.
How many years of IRS 990 filings does The Mental Health Association Of New York City Inc have?
The Mental Health Association Of New York City Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $324.1M in total revenue.
Is The Mental Health Association Of New York City Inc a good charity?
Based on the provided data, MHA-NYC demonstrates strong financial health, rapid growth, and a consistent track record of managing expenses below revenue. The absence of reported officer compensation is unusual but not necessarily negative without further context. Its substantial asset base and consistent filing history suggest a well-managed and transparent organization.
How has the organization's revenue grown over time?
The organization has experienced explosive revenue growth, increasing from $17,092,567 in 2014 to $332,408,073 in 2023, representing a nearly 19-fold increase in less than a decade.
What is the organization's financial stability?
MHA-NYC exhibits strong financial stability. In 2023, its assets of $189,315,752 significantly outweighed its liabilities of $107,476,826, indicating a healthy balance sheet and capacity to cover its obligations.
Filing History
IRS 990 filing history for The Mental Health Association Of New York City Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Mental Health Association Of New York City Inc's revenue has grown by 2597.7%, moving from $12.3M to $332.4M. Total assets increased by 2883.7% over the same period, from $6.3M to $189.3M. Total functional expenses rose by 2562.5%, from $12.2M to $324.6M. In its most recent filing year (2023), The Mental Health Association Of New York City Inc reported a surplus of $7.8M, with revenue exceeding expenses. The organization holds $107.5M in liabilities against $189.3M in assets (debt-to-asset ratio: 56.8%), resulting in net assets of $81.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $332.4M | $324.6M | $189.3M | $107.5M | — | — |
| 2022 | $124.9M | $113.6M | $93.3M | $20.3M | — | View 990 |
| 2021 | $96.4M | $88.5M | $84.3M | $22.6M | — | View 990 |
| 2020 | $75.8M | $54.7M | $70.4M | $16.6M | — | View 990 |
| 2019 | $64.7M | $41.5M | $44.1M | $11.4M | — | View 990 |
| 2018 | $41.7M | $39.8M | $16.6M | $7.1M | — | View 990 |
| 2017 | $29.8M | $28.4M | $13.1M | $5.6M | — | View 990 |
| 2016 | $19.8M | $20.0M | $9.9M | $4.9M | — | View 990 |
| 2015 | $20.4M | $20.1M | $8.8M | $3.7M | — | View 990 |
| 2014 | $17.1M | $16.9M | $7.3M | $2.4M | — | View 990 |
| 2013 | $15.8M | $15.7M | $7.1M | $2.3M | — | View 990 |
| 2012 | $14.6M | $14.2M | $7.0M | $2.3M | — | View 990 |
| 2011 | $12.3M | $12.2M | $6.3M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $332.4M, expenses of $324.6M, and assets of $189.3M (revenue +166.1% year-over-year).
- 2022: Revenue of $124.9M, expenses of $113.6M, and assets of $93.3M (revenue +29.6% year-over-year).
- 2021: Revenue of $96.4M, expenses of $88.5M, and assets of $84.3M (revenue +27.2% year-over-year).
- 2020: Revenue of $75.8M, expenses of $54.7M, and assets of $70.4M (revenue +17.0% year-over-year).
- 2019: Revenue of $64.7M, expenses of $41.5M, and assets of $44.1M (revenue +55.3% year-over-year).
- 2018: Revenue of $41.7M, expenses of $39.8M, and assets of $16.6M (revenue +40.0% year-over-year).
- 2017: Revenue of $29.8M, expenses of $28.4M, and assets of $13.1M (revenue +50.1% year-over-year).
- 2016: Revenue of $19.8M, expenses of $20.0M, and assets of $9.9M (revenue -2.6% year-over-year).
- 2015: Revenue of $20.4M, expenses of $20.1M, and assets of $8.8M (revenue +19.1% year-over-year).
- 2014: Revenue of $17.1M, expenses of $16.9M, and assets of $7.3M (revenue +8.2% year-over-year).
- 2013: Revenue of $15.8M, expenses of $15.7M, and assets of $7.1M (revenue +7.9% year-over-year).
- 2012: Revenue of $14.6M, expenses of $14.2M, and assets of $7.0M (revenue +18.8% year-over-year).
- 2011: Revenue of $12.3M, expenses of $12.2M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Mental Health Association Of New York City Inc:
Data Sources and Methodology
This transparency report for The Mental Health Association Of New York City Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.