The Mentors Project of Bibb County Inc
Analysis
The Mentors Project of Bibb County Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in February 1992, 34 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 August 2023, The Mentors Project of Bibb County Inc reported income of $400k and spending of $357k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $372k to $400k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to August 2021, when income rose by 18%. Over the whole period it spent 79% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Mentors Project of Bibb County Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Community Concern for Arts Music and Sports ($400k), The Mentor Connector ($401k) and Boys & Girls Club and Family Center of Bristol Inc ($400k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $96k (27% of expenses). Other salaries and wages came to $86k. At year end it held assets of $1.4m against liabilities of $671, net assets of $1.4m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Concern for Arts Music and Sports | Concord | $400k |
| The Mentor Connector | Rutland | $401k |
| Boys & Girls Club and Family Center of Bristol Inc | Bristol | $400k |
| Freedom Hoops | Overland Park | $401k |