Mentor Iowa

Analysis

Mentor Iowa is a registered charity in United States, based in Urbandale, IA. It received its IRS tax-exemption ruling in July 1975, 51 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 December 2023, Mentor Iowa reported income of $260k and spending of $234k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $260k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mentor Iowa sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Los Anos de Oro Senior Services Incorporated ($260k), Aleutian Peninsula Broadcasting Inc ($261k) and Edgerton Fire Department Relief Association ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $112k (48% of expenses). Other salaries and wages came to $24k. At year end it held assets of $436k against liabilities of $0, net assets of $436k. It reported 4 employees.