Mending the Gap Inc

Analysis

Mending the Gap Inc is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in May 2011, 15 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, Mending the Gap Inc reported income of $559k and spending of $558k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $230k to $559k (+143%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 457%. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mending the Gap Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include VMLC Charities ($559k), Caring Heart Outreach Inc ($559k) and Royersford Outreach Inc ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (6.9% of expenses). Other salaries and wages came to $15k. At year end it held assets of $37k against liabilities of $45k, net assets of -$7,924. It reported 1 employees.