Bellas Mentoring Inc
Analysis
Bellas Mentoring Inc is a registered charity in United States, based in Jericho, VT. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Bellas Mentoring Inc reported income of $688k and spending of $696k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $688k (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 88% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bellas Mentoring Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within VT. Charities of a similar size with the same main cause include Crossroads Kids Club ($688k), Genesis Ministries Inc ($688k) and Camp Caudle Inc ($687k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $65k (9.3% of expenses). Other salaries and wages came to $196k. At year end it held assets of $569k against liabilities of $2,451, net assets of $566k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 45%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Crossroads Kids Club | Bartlett | $688k |
| Genesis Ministries Inc | Canyon Lake | $688k |
| Camp Caudle Inc | Russellville | $687k |
| Florida District of Key Club International Inc | Keystone Heights | $689k |