I Am Mentality Youth Male Empowerment Project Inc

Analysis

I Am Mentality Youth Male Empowerment Project Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2018, 8 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, I Am Mentality Youth Male Empowerment Project Inc reported income of $588k and spending of $669k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $302k to $588k (+94%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, I Am Mentality Youth Male Empowerment Project Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Resilient Agency ($587k), Girls Build ($588k) and Youth Livestock Auction Association ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $99k (15% of expenses). Other salaries and wages came to $190k. At year end it held assets of $312k against liabilities of $4,940, net assets of $307k. It reported 31 employees.