Mentor2youth Inc

Analysis

Mentor2youth Inc is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in January 2024, 2 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 July 2023, Mentor2youth Inc reported income of $185k and spending of $154k, spending 83% of its income. Across the 6 years on record, from August 2020 to July 2023, income grew from $70k to $185k (+165%), an average of +22% a year. The sharpest change came in the year to July 2021, when income rose by 126%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mentor2youth Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Garaway Athletic Boosters Inc ($185k), General Alumni Association of Fisk University ($185k) and Ridge Point Band Boosters ($185k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. At year end it held assets of $98k against liabilities of $8,078, net assets of $90k.