Positive Outcome Mentoring & Dance Inc

Analysis

Positive Outcome Mentoring & Dance Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Positive Outcome Mentoring & Dance Inc reported income of $349k and spending of $338k, spending 97% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $81k to $349k (+328%), an average of +62% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Positive Outcome Mentoring & Dance Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Act Market Street Inc ($349k), Childrens Museum of Findlay ($349k) and Seeds of Wisdom ($349k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $27k (8.0% of expenses). Other salaries and wages came to $117k. At year end it held assets of $11k against liabilities of $0, net assets of $11k. It reported 15 employees.