Mentoringworks

Analysis

Mentoringworks is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in January 1958, 68 years ago. 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, Mentoringworks reported income of $96k and spending of $112k, spending 117% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $163k to $96k (-41%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mentoringworks sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include Overflow Ministries ($96k), San Antonio Coalition for Veterans and Families ($96k) and PTA Delaware Congress ($96k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $54k against liabilities of $4,888, net assets of $49k.