Ace Mentor Program of America Inc

Analysis

Ace Mentor Program of America Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2006, 20 years ago. 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 June 2023, Ace Mentor Program of America Inc reported income of $135k and spending of $118k, spending 88% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $76k to $135k (+79%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ace Mentor Program of America Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include American Horticultural Therapy Association Inc ($135k), Road Runners Club of America ($135k) and Galveston Art League Inc ($135k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.