Mineola Youth Foundation Inc

Analysis

Mineola Youth Foundation Inc is a registered charity in United States, based in Mineola, TX. It received its IRS tax-exemption ruling in March 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mineola Youth Foundation Inc reported income of $142k and spending of $168k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $142k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mineola Youth Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Dewitt County Friendship Center ($142k), West Islip Breast Cancer Coalition for Long Island Inc ($142k) and Making the Turn Forward ($142k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $700k against liabilities of $0, net assets of $700k.