Mentor Vermont Inc

Analysis

Mentor Vermont Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Mentor Vermont Inc reported income of $880k and spending of $902k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $558k to $880k (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mentor Vermont Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within VT. Charities of a similar size with the same main cause include Instituto Especial Para El Desarrol Lo Integral Del Indiv Fam Y Com in ($880k), Clearwater School ($880k) and St George International School ($880k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $90k (10.0% of expenses). Other salaries and wages came to $160k. At year end it held assets of $198k against liabilities of $71k, net assets of $127k. It reported 5 employees.