Washington Mindcare Institute

Analysis

Washington Mindcare Institute is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Washington Mindcare Institute reported income of $185k and spending of $179k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $153k to $185k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Washington Mindcare Institute sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Tender Loving Care Child Care ($185k), Brave Heart Volunteers Inc ($185k) and Nalls Foundation Inc ($185k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. At year end it held assets of $48k against liabilities of $25k, net assets of $22k.