The Mindcap Center Inc

Analysis

The Mindcap Center Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, The Mindcap Center Inc reported income of $446k and spending of $437k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $446k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Mindcap Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Rebeccas Wish ($446k), Unspoken Treasure Society ($446k) and Big Bend Rural Health Network Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $71k (16% of expenses). Other salaries and wages came to $225k. At year end it held assets of $272k against liabilities of $52k, net assets of $219k. It reported 13 employees.