San Miguel Mentoring Program

Analysis

San Miguel Mentoring Program is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in July 1999, 27 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, San Miguel Mentoring Program reported income of $286k and spending of $315k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $286k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, San Miguel Mentoring Program sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Washington Student Cycling League ($286k), Omni Circle Group Inc ($286k) and Girls on the Run Rhode Island ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $85k (27% of expenses). Other salaries and wages came to $117k. It paid $13k in professional fundraising fees. At year end it held assets of $169k against liabilities of $0, net assets of $169k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.