Good City Mentors

Analysis

Good City Mentors is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2016, 10 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, Good City Mentors reported income of $188k and spending of $373k, spending 198% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $292k to $188k (-36%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good City Mentors sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Golden Gate Mens Chorus Aka Dick Kramer Gay Mens Chorale ($188k), Turnaround Life ($188k) and Shelter Cove Fishing Preservation Incorpor ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $219k (59% of expenses). At year end it held assets of $92k against liabilities of $19k, net assets of $74k. It reported 2 employees.