Reset Mentoring

Analysis

Reset Mentoring is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in October 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, Reset Mentoring reported income of $206k and spending of $204k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $199k to $206k (+3.3%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reset Mentoring sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Mountain Shadows Foundation ($206k), Council on American Islamic Relations -Texas Dallas Fort Worth ($206k) and Community Senior Center Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $61k (30% of expenses). Other salaries and wages came to $54k. At year end it held assets of $295k against liabilities of $197k, net assets of $98k. It reported 3 employees.