Youth Mentoring Initiative Inc

Analysis

Youth Mentoring Initiative Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in October 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 December 2023, Youth Mentoring Initiative Inc reported income of $252k and spending of $259k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $252k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youth Mentoring Initiative Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Minnesota Football Coaches Association ($252k), Veritas Christian School Inc ($252k) and Canton Christian Academy of Ne Texas ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $198k. At year end it held assets of $440k against liabilities of $581, net assets of $439k. It reported 12 employees.