Mirror Inc

Analysis

Mirror Inc is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in March 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 June 2023, Mirror Inc reported income of $17.0m and spending of $14.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.1m to $17.0m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mirror Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within KS. Charities of a similar size with the same main cause include Helping Up Mission Incorporated ($17.0m), National Fair Housing Alliance ($17.0m) and Center for Supportive Schools Inc ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $361k (2.5% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $16.3m against liabilities of $1.5m, net assets of $14.8m. It reported 332 employees.