Mentor Washington

Analysis

Mentor Washington is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mentor Washington reported income of $1.1m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $852k to $1.1m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mentor Washington sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include C4 Recovery Foundation ($1.1m), JFS Fund Inc ($1.1m) and Randy Caldwell Ministries Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $142k (14% of expenses). Other salaries and wages came to $212k. At year end it held assets of $804k against liabilities of $45k, net assets of $758k. It reported 6 employees.