Mentoring Partnership of New York Inc

Analysis

Mentoring Partnership of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 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 December 2023, Mentoring Partnership of New York Inc reported income of $530k and spending of $997k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $530k (-47%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mentoring Partnership of New York Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Anrak Charitable Foundation ($530k), Boys & Girls Club of the Missouri River Area ($531k) and Iowa Association of Business and Industry Foundation ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $130k (13% of expenses). Other salaries and wages came to $558k. At year end it held assets of $329k against liabilities of $9,565, net assets of $320k. It reported 9 employees.