Powermentor

Analysis

Powermentor is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Powermentor reported income of $54k and spending of $54k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $54k (-5.2%), an average of -5.2% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Powermentor sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Columbia Academy Foundation ($54k), Sylacauga Area Council on Arts and Humanities Inc ($54k) and Unity of West Bend Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.