Mentoring Positives Inc
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
Where the income comes from
- Contributions & grants 97%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chesterfield-Colonial Heights Christmas Mother Inc | Chesterfield | $569k |
| Project Canvas | Aurora | $569k |
| Spread the Love Commission | Jackson | $569k |
| Our Community Food Pantry Inc | Southwick | $569k |