Foundation for the Awakening Mind

Analysis

Foundation for the Awakening Mind is a registered charity in United States, based in Duchesne, UT. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Foundation for the Awakening Mind reported income of $568k and spending of $101k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $568k (+260%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 547%. Over the whole period it spent 43% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation for the Awakening Mind 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 72nd percentile, and in the 71st percentile within UT. Charities of a similar size with the same main cause include Circle of Atonement Teaching and Healing Center ($568k), Humor to Fight the Tumor Inc ($568k) and Shining Hope International ($568k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.1m against liabilities of $2,199, net assets of $1.0m.