Mentoring Families and Kids Inc

Analysis

Mentoring Families and Kids Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mentoring Families and Kids Inc reported income of $62k and spending of $34k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $62k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mentoring Families and Kids Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Reverend Simeons Community Service Fund ($62k), Best in the West Cookers ($62k) and Foster Well Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.