Chocolate Mint Foundation

Analysis

Chocolate Mint Foundation is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Chocolate Mint Foundation reported income of $2.3m and spending of $1.4m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $2.3m (+675%), an average of +67% a year. The sharpest change came in the year to December 2021, when income rose by 340%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chocolate Mint Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Starting Arts Inc ($2.3m), Kaleidoscope Youth Center Inc ($2.3m) and Harlan County Boys & Girls Club Inc ($2.3m).

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 $481k. At year end it held assets of $917k against liabilities of $53k, net assets of $864k. It reported 16 employees.