Renew Your Mind

Analysis

Renew Your Mind is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Renew Your Mind reported income of $145k and spending of $122k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $145k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Renew Your Mind sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 41st percentile within AK. Charities of a similar size with the same main cause include Vision Care USA Inc ($145k), Track Heroes Inc ($145k) and Color the Skies Guild of Valley Childrens Healthcare ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $1,453, net assets of $34k.