Mind Body Solutions

Analysis

Mind Body Solutions is a registered charity in United States, based in Orono, MN. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mind Body Solutions reported income of $191k and spending of $287k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $498k to $191k (-62%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mind Body Solutions sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Hope-Net Ministries Inc ($191k), Firefighters Charity Fund ($191k) and Community Access Naperville Inc ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.0% of the total. Other salaries and wages came to $174k. At year end it held assets of $709k against liabilities of $7,779, net assets of $702k. It reported 12 employees.