Automotive Mentoring Group Inc

Analysis

Automotive Mentoring Group Inc is a registered charity in United States, based in Bedford Park, IL. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Automotive Mentoring Group Inc reported income of $340k and spending of $342k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $340k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Automotive Mentoring Group Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Benton Economic Partnership Inc ($340k), Csra Alliance for Fort Gordon Inc ($341k) and Market Project Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $92k (27% of expenses). At year end it held assets of $164k against liabilities of $150k, net assets of $14k. It reported 1 employees.