Mentor Electrical Jatc

Analysis

Mentor Electrical Jatc is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in February 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mentor Electrical Jatc reported income of $384k and spending of $379k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $384k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mentor Electrical Jatc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Municipal Public Access Cable ($384k), Saint Edmond Catholic School Foundation ($384k) and The Amherst Soccer Club ($384k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $84k (22% of expenses). Other salaries and wages came to $47k. At year end it held assets of $720k against liabilities of $11k, net assets of $708k. It reported 10 employees.