College Mentoring Experience

Analysis

College Mentoring Experience is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, College Mentoring Experience reported income of $436k and spending of $396k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $436k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Mentoring Experience sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Imlay City Christian School ($436k), Cornerstone Christian Academy Inc ($436k) and Southeastern Wisconsin Information Technology Exchange Inc ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (7.1% of expenses). Other salaries and wages came to $119k. At year end it held assets of $66k against liabilities of $36k, net assets of $30k. It reported 6 employees.