Mentone Educational Resources Foundation

Analysis

Mentone Educational Resources Foundation is a registered charity in United States, based in Mentone, AL. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mentone Educational Resources Foundation reported income of $79k and spending of $71k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $79k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mentone Educational Resources Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within AL. Charities of a similar size with the same main cause include Potsdam Holiday Fund Inc ($79k), Assyrian Arts Institute ($79k) and Valdosta City Schools Foundation Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $83k against liabilities of $1,022, net assets of $82k.