Minds Matter

Analysis

Minds Matter is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2004, 22 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 June 2023, Minds Matter reported income of $990k and spending of $783k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $412k to $990k (+141%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Minds Matter sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Hospitality House Youth Development ($990k), Boys and Girls Club of the Northern Cheyenne Nation ($991k) and Thrive with Autism Foundation ($989k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $148k (19% of expenses). Other salaries and wages came to $255k. At year end it held assets of $1.5m against liabilities of $272k, net assets of $1.2m. It reported 6 employees.