Mentor Group Institute for Intercultural Education Inc

Analysis

Mentor Group Institute for Intercultural Education Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mentor Group Institute for Intercultural Education Inc reported income of $757k and spending of $1.1m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $757k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 179%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mentor Group Institute for Intercultural Education Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Musical Mayhem Productions Inc ($756k), LA Porte Symphony Orchestra Inc ($757k) and North Carolina Center for Automotive Research Inc ($756k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $279k (26% of expenses). Other salaries and wages came to $198k. At year end it held assets of $1.2m against liabilities of $1.0m, net assets of $139k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.