Mentors Care

Analysis

Mentors Care is a registered charity in United States, based in Midlothian, TX. It received its IRS tax-exemption ruling in March 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 June 2023, Mentors Care reported income of $969k and spending of $856k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $307k to $969k (+216%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 82%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mentors Care sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include The David S Harp Foundation Inc ($968k), Big Brothers Big Sisters of Northern Sierra ($969k) and Sierra Service Project ($968k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $35k (4.1% of expenses). Other salaries and wages came to $544k. It paid $32k in professional fundraising fees. At year end it held assets of $251k against liabilities of $0, net assets of $251k. It reported 24 employees.