Mentor Richland County

Analysis

Mentor Richland County is a registered charity in United States, based in Olney, IL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Mentor Richland County reported income of $81k and spending of $75k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $81k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mentor Richland County sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include International Concern Inc ($81k), Friends of the Homer Public Library ($81k) and PTA New York Congress ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $47k (62% of expenses). Other salaries and wages came to $7,292. At year end it held assets of $800k against liabilities of $4,201, net assets of $796k. It reported 2 employees.