Mentoring Mentors Inc

Analysis

Mentoring Mentors Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2016, 10 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, Mentoring Mentors Inc reported income of $318k and spending of $355k, spending 112% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $309k to $318k (+2.7%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mentoring Mentors Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Middleton Youth Hockey Inc ($318k), Aspiring Youth Academy ($318k) and Big Brothers Big Sisters Greater Fredericksburg ($318k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $103k (29% of expenses). Other salaries and wages came to $17k. At year end it held assets of $18k against liabilities of $15k, net assets of $2,561. It reported 3 employees.