Center for Mindful Learning Inc
Analysis
Center for Mindful Learning Inc is a registered charity in United States, based in Lowell, VT. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Mindful Learning Inc reported income of $650k and spending of $599k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $650k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 60% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Mindful Learning Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within VT. Charities of a similar size with the same main cause include The Midwife Foundation Inc ($650k), Logos Academy ($650k) and Ball State University Alumni Association Inc ($650k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $54k (9.0% of expenses). Other salaries and wages came to $102k. At year end it held assets of $3.7m against liabilities of $1.1m, net assets of $2.6m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 15%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Midwife Foundation Inc | Cambridge | $650k |
| Logos Academy | Herndon | $650k |
| Ball State University Alumni Association Inc | Muncie | $650k |
| Compass Academy | Baltimore | $651k |