Minds Matter

Analysis

Minds Matter is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. 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 June 2022, Minds Matter reported income of $155k and spending of $116k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2021 to June 2022, income fell from $221k to $155k (-30%), an average of -30% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 55% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Minds Matter sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Staten Island Childrens Theatre Association ($155k), Pittsburgh Youth Leadership ($155k) and Blanchard Band Booster Association ($155k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $447k against liabilities of $16k, net assets of $432k.