The United Mentoring Academy Inc

Analysis

The United Mentoring Academy Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in May 2003, 23 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, The United Mentoring Academy Inc reported income of $163k and spending of $182k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $194k to $163k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The United Mentoring Academy Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Hazel Green Gymnastics Club ($163k), Run the Race Club ($163k) and The Cedarmore Corporation ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.