Minds Matter

Analysis

Minds Matter is a registered charity in United States, based in Washington, DC. 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 2023, Minds Matter reported income of $105k and spending of $111k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $148k to $105k (-29%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 56% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 19th percentile within DC. Charities of a similar size with the same main cause include Chill Inc ($105k), Kindness Keepers ($105k) and Plano Wildcat Quarterback Club Inc ($105k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.