Boys to Men Mentoring Network Inc

Analysis

Boys to Men Mentoring Network Inc is a registered charity in United States, based in Spring Valley, CA. It received its IRS tax-exemption ruling in July 1998, 28 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 2022, Boys to Men Mentoring Network Inc reported income of $1.1m and spending of $981k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $753k to $1.1m (+40%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 74% 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 Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Social Physical and Academic Resources for Kids ($1.1m), Camp Ozark Foundation Inc ($1.1m) and Boys & Girls Club of Harrisonburg and Rockingham County ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 105% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $191k (19% of expenses). Other salaries and wages came to $326k. It paid $19k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $146k, net assets of $1.4m. It reported 17 employees.