Be a Mentor Inc

Analysis

Be a Mentor Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in November 2016, 10 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 December 2023, Be a Mentor Inc reported income of $182k and spending of $168k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $210k to $182k (-14%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Be a Mentor 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 52nd percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include Child Evangelism Fellowship Inc ($182k), Graham Eagles Football ($182k) and Harlan Christian Youth Center Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $105k. At year end it held assets of $78k against liabilities of $11k, net assets of $67k. It reported 4 employees.