Center for Mind & Esteem Development Inc

Analysis

Center for Mind & Esteem Development Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 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, Center for Mind & Esteem Development Inc reported income of $51k and spending of $51k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $23k to $51k (+119%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Center for Mind & Esteem Development Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Bridlewaves ($51k), Andre Sobel River of Life Foundation ($51k) and Greenville Junior Golf ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,282 against liabilities of $0, net assets of $3,282.