Mindrolling Charitable Society

Analysis

Mindrolling Charitable Society is a registered charity in United States, based in Stanley, VA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Mindrolling Charitable Society reported income of $3.0m and spending of $2.2m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.0m (+80%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 64% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mindrolling Charitable Society sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Jewish Community Relations Council of Greater Boston ($3.0m), Good People Fund Inc ($3.0m) and Independent Diplomat Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $157k (7.0% of expenses). Other salaries and wages came to $131k. At year end it held assets of $12.0m against liabilities of $892k, net assets of $11.1m. It reported 4 employees.