Mentors in the Mitten

Analysis

Mentors in the Mitten is a registered charity in United States, based in Clare, MI. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mentors in the Mitten reported income of $315k and spending of $191k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $315k (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mentors in the Mitten sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Maui Firefighters Relief ($315k), Dunbar Association Inc ($315k) and Shri Krishna Nidhi Foundation Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $43k (23% of expenses). Other salaries and wages came to $83k. At year end it held assets of $367k against liabilities of $8,555, net assets of $358k. It reported 12 employees.