Ace Mentor Program of America Inc

Analysis

Ace Mentor Program of America Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 2006, 20 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, Ace Mentor Program of America Inc reported income of $180k and spending of $179k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $197k to $180k (-8.8%), an average of -4.5% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ace Mentor Program of America Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NE. Charities of a similar size with the same main cause include International Studies Foundation USA Inc ($180k), Avery Foundation ($180k) and Fresh Oasis Inc ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $283k against liabilities of $28k, net assets of $255k.