Mentorscope Community Outreach

Analysis

Mentorscope Community Outreach is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mentorscope Community Outreach reported income of $77k and spending of $74k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $77k (+7.1%), an average of +7.1% a year. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mentorscope Community Outreach sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Junior League of Buffalo Inc ($77k), Community Foundation of Colusa County ($77k) and Moretta Community Development Foundation ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $2,286 against liabilities of $0, net assets of $2,286.