Boys to Men Mentoring Network of Virginia Inc

Analysis

Boys to Men Mentoring Network of Virginia Inc is a registered charity in United States, based in Rockville, VA. It received its IRS tax-exemption ruling in April 2012, 14 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, Boys to Men Mentoring Network of Virginia Inc reported income of $432k and spending of $370k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $432k (+118%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys to Men Mentoring Network of Virginia Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Heritage Ranch ($432k), All About the Kidz Incorparated ($432k) and Youth with a Purpose ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 9.6% of the total. Other salaries and wages came to $211k. At year end it held assets of $195k against liabilities of $1,480, net assets of $194k. It reported 4 employees.