Mentoring in Medicine & Science Inc

Analysis

Mentoring in Medicine & Science Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 in Medicine & Science Inc reported income of $681k and spending of $617k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $738k to $681k (-7.7%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mentoring in Medicine & Science Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Corporation for Advancement of Medical Technologies ($681k), Advancing Innovation in Dermatology Inc ($681k) and Ridgeview Insurance Company ($681k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $120k (19% of expenses). Other salaries and wages came to $107k. At year end it held assets of $1.8m against liabilities of $1,610, net assets of $1.8m. It reported 4 employees.