The Mentor Connector

Analysis

The Mentor Connector is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in June 2007, 19 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 June 2024, The Mentor Connector reported income of $401k and spending of $245k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $284k to $401k (+41%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income dropped by 57%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Mentor Connector 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 60th percentile within VT. Charities of a similar size with the same main cause include The Mentors Project of Bibb County Inc ($400k), Freedom Hoops ($401k) and Community Concern for Arts Music and Sports ($400k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $55k (22% of expenses). Other salaries and wages came to $63k. At year end it held assets of $290k against liabilities of $1,321, net assets of $289k. It reported 3 employees.