The Newark Mentoring Movement Inc

Analysis

The Newark Mentoring Movement Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in August 2026. Its declared purposes cover youth development, which this site groups under children and youth 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 2021, The Newark Mentoring Movement Inc reported income of $427k and spending of $329k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $190k to $427k (+125%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Newark Mentoring Movement Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Fight for Kids Inc ($427k), Troy Recreation Assn Inc ($427k) and North Jefferson Junior Baseball Association ($426k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $36k. At year end it held assets of $142k against liabilities of $0, net assets of $142k. It reported 8 employees.