Mind Treasures

Analysis

Mind Treasures is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mind Treasures reported income of $52k and spending of $32k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $60k to $52k (-14%), an average of -14% a year. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mind Treasures sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include San Antonio Time Dollar Community Connections ($52k), Puente a LA Salud Comunitaria ($52k) and Bread of Life Food Pantry Inc ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.