Ace Mentor Program of America Inc

Analysis

Ace Mentor Program of America Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2006, 20 years ago. 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 2024, Ace Mentor Program of America Inc reported income of $220k and spending of $217k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $188k to $220k (+17%), an average of +3.2% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ace Mentor Program of America Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OR. Charities of a similar size with the same main cause include Little League Baseball Inc ($220k), New Life Clinic ($220k) and Lumberton Christian Care Center ($220k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $825k against liabilities of $392k, net assets of $434k.