Mind Renewal International Inc

Analysis

Mind Renewal International Inc is a registered charity in United States, based in Leander, TX. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mind Renewal International Inc reported income of $76k and spending of $37k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $76k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mind Renewal International Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include High School to College Guide Foundation ($76k), Graham Boosters Club ($76k) and Virginia Congress of Parents and Teachers ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.