Mindpeace

Analysis

Mindpeace is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mindpeace reported income of $478k and spending of $651k, spending 136% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $335k to $478k (+43%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mindpeace sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Colorado Springs Electrical Joint Apprenticeship and Training Trust ($478k), Green Dragon Foundation ($478k) and USA Patriots Veteran Athletics ($478k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $121k (19% of expenses). Other salaries and wages came to $407k. At year end it held assets of $352k against liabilities of $3,754, net assets of $349k.