Ace Mentor Program of America Inc

Analysis

Ace Mentor Program of America Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2006, 20 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, Ace Mentor Program of America Inc reported income of $109k and spending of $104k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $78k to $109k (+40%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ace Mentor Program of America Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Rockdale Tiger Booster Club ($109k), J P Taravella High School Band Patrons Organization Inc ($109k) and Mahwah Schools Foundation a Non Profit Corporation ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $390k against liabilities of $255k, net assets of $135k.