Mind First Foundation

Analysis

Mind First Foundation is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Mind First Foundation reported income of $52k and spending of $490k, spending 942% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $523k to $52k (-90%), an average of -68% a year. The sharpest change came in the year to December 2022, when income rose by 464%. Over the whole period it spent 26% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mind First Foundation sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Neurologic Disease Foundation ($52k), Clovis Hospital Guild ($52k) and South Jersey Breast Cancer Coalition ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% of the total. Compensation of current officers, directors and key employees was $387k (79% of expenses). At year end it held assets of $2.5m against liabilities of $4,729, net assets of $2.5m. It reported 4 employees.