Gold Star Mentors

Analysis

Gold Star Mentors is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gold Star Mentors reported income of $91k and spending of $38k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $91k (-6.0%), an average of -6.0% a year. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gold Star Mentors sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Gandhi Medical College Global Alliance Inc ($91k), Arkansas Institute for Performance Excellence Inc ($91k) and East Coweta Soccer Booster Club ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.