Mindcatcher

Analysis

Mindcatcher is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2019, 7 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 June 2023, Mindcatcher reported income of $366k and spending of $506k, spending 138% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $427k to $366k (-14%), an average of -14% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mindcatcher sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Seattle Athenaeum ($366k), Association of Cancer Executives ($366k) and Sigma Lambda Beta Education Foundation Inc ($366k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $134k (26% of expenses). At year end it held assets of $54k against liabilities of $7,571, net assets of $46k.