Family Mentor Foundation

Analysis

Family Mentor Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Family Mentor Foundation reported income of $291k and spending of $281k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $299k to $291k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Mentor Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include New Britain Roots Inc ($291k), Proyecto Faro Inc ($291k) and Learning Help Centers of Charlotte ($291k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (23% of expenses). Other salaries and wages came to $30k. At year end it held assets of $70k against liabilities of $0, net assets of $70k. It reported 3 employees.