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Mentoring Positives Inc

RegisteredEIN 27-2347080Madison, WIPoverty relief
Income$569k2023-12
Spending$485ksame year
Spent / received86%6-year average
Size in its cause67th pctPoverty relief
Exempt since2011Publicly supported organisat
Employees17latest return

Analysis

Mentoring Positives Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mentoring Positives Inc reported income of $569k and spending of $485k, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $229k to $569k (+148%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mentoring Positives Inc 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 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Chesterfield-Colonial Heights Christmas Mother Inc ($569k), Project Canvas ($569k) and Spread the Love Commission ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $128k (26% of expenses). Other salaries and wages came to $90k. At year end it held assets of $389k against liabilities of $252, net assets of $389k. It reported 17 employees.

Income and spending

$0$142k$284k$427k$569k2018 Income: $229,0682018 Spending: $212,57220182019 Income: $231,8212019 Spending: $241,23620192020 Income: $409,3792020 Spending: $277,13220202021 Income: $482,5662021 Spending: $311,99620212022 Income: $329,1782022 Spending: $396,43920222023 Income: $568,7742023 Spending: $485,2942023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 2.9%

Similar-sized charities, same cause

CharityLocationIncome
Chesterfield-Colonial Heights Christmas Mother IncChesterfield$569k
Project CanvasAurora$569k
Spread the Love CommissionJackson$569k
Our Community Food Pantry IncSouthwick$569k