Mentoring Men for the Master Inc

Analysis

Mentoring Men for the Master Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mentoring Men for the Master Inc reported income of $549k and spending of $529k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $549k (+127%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mentoring Men for the Master Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Manup ($549k), Crown Chaplain Services Inc ($549k) and Well Read Mom ($549k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $258k. At year end it held assets of $169k against liabilities of $0, net assets of $169k. It reported 4 employees.