Tandem Mentorship Inc

Analysis

Tandem Mentorship Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in September 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 (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, Tandem Mentorship Inc reported income of $113k and spending of $95k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $113k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tandem Mentorship Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include Boxwood Learning Center Inc ($113k), Ohio Scholastic Soccer Coaches Association ($113k) and Alma Police Athletic-Activities League ($113k).

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 $43k against liabilities of $1,442, net assets of $41k.