Ace Mentor Program of America Inc

Analysis

Ace Mentor Program of America Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in June 2006, 20 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 June 2023, Ace Mentor Program of America Inc reported income of $131k and spending of $99k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $117k to $131k (+12%), an average of +12% a year. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ace Mentor Program of America Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within AZ. Charities of a similar size with the same main cause include Portsmouth Youth Soccer Assocition ($131k), Woodland Productions ($131k) and Bar Advocates of Worcester County Inc ($131k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 125% of the total. At year end it held assets of $322k against liabilities of $106k, net assets of $216k.