For Each 1 Reach 1 Mentoring Program Inc

Analysis

For Each 1 Reach 1 Mentoring Program Inc is a registered charity in United States, based in Brooksville, FL. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, For Each 1 Reach 1 Mentoring Program Inc reported income of $671k and spending of $809k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $229k to $671k (+193%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, For Each 1 Reach 1 Mentoring Program Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Shaker Heights Youth Center Inc ($671k), The Support Group Inc ($671k) and Youth United for Change ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $85k (11% of expenses). Other salaries and wages came to $394k. At year end it held assets of $233k against liabilities of $145k, net assets of $88k.