Ace Mentor Program of America Inc
Analysis
Ace Mentor Program of America Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2006, 20 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 2023, Ace Mentor Program of America Inc reported income of $88k and spending of $58k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $92k to $88k (-3.6%), an average of -3.6% a year. Over the whole period it spent 64% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ace Mentor Program of America Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($88k), Naples Gulf Shore Rotary Club Foundation Inc ($88k) and Texas Food Processors Association Scholarship Foundation ($88k).
On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parent Booster USA Inc | Longview | $88k |
| Naples Gulf Shore Rotary Club Foundation Inc | Naples | $88k |
| Texas Food Processors Association Scholarship Foundation | College Sta | $88k |
| Cameron I S D Scholarship Foundation Inc | Cameron | $88k |