Journey Forward Mentoring

Analysis

Journey Forward Mentoring is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Journey Forward Mentoring reported income of $307k and spending of $275k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $154k to $307k (+100%), an average of +100% a year. The sharpest change came in the year to June 2023, when income rose by 100%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Journey Forward Mentoring sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Inclusion Connection Inc ($307k), Meb Maintaining Excellent Balance Foundation a Cal Corp ($307k) and Gilford Youth Center ($307k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (22% of expenses). Other salaries and wages came to $105k. At year end it held assets of $81k against liabilities of $35k, net assets of $46k. It reported 3 employees.