M3nd Project Inc
Analysis
M3nd Project Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in September 2016, 10 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, M3nd Project Inc reported income of $331k and spending of $451k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $331k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 90% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, M3nd Project Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Angels of Las Vegas ($331k), Ventura County Farm to School ($332k) and Learning Dynamics Inc ($331k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Other salaries and wages came to $284k. At year end it held assets of $285k against liabilities of $722, net assets of $284k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Angels of Las Vegas | Las Vegas | $331k |
| Ventura County Farm to School | Camarillo | $332k |
| Learning Dynamics Inc | Woodland HLS | $331k |
| Faith House Academy & Early Learning Center | Lorain | $332k |