CheckMyDonation

Center for Mindful Learning Inc

RegisteredEIN 36-4695073Lowell, VTEducation and training
Income$650k2023-12
Spending$599ksame year
Spent / received60%5-year average
Size in its cause71st pctEducation and training
Exempt since2011Publicly supported organisat
Employees10latest return

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

$0$275k$551k$826k$1.1m2019 Income: $587,4002019 Spending: $413,15320192020 Income: $1,101,0252020 Spending: $525,88720202021 Income: $991,4182021 Spending: $462,67420212022 Income: $993,3422022 Spending: $600,04020222023 Income: $650,4212023 Spending: $598,6342023
IncomeSpending

Where the income comes from

  • Contributions & grants 83%
  • Program services 15%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
The Midwife Foundation IncCambridge$650k
Logos AcademyHerndon$650k
Ball State University Alumni Association IncMuncie$650k
Compass AcademyBaltimore$651k