Mentor Colorado
Analysis
Mentor Colorado is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in January 2020, 6 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 September 2023, Mentor Colorado reported income of $594k and spending of $542k, spending 91% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $390k to $594k (+52%), an average of +15% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 80% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mentor Colorado sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Vienna Matclub Inc ($594k), Dear Diary Inc ($594k) and Boys and Girls Clubs of Tampa Bay Foundation Inc ($594k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $244k. At year end it held assets of $433k against liabilities of $86k, net assets of $346k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vienna Matclub Inc | Vienna | $594k |
| Dear Diary Inc | Avondale | $594k |
| Boys and Girls Clubs of Tampa Bay Foundation Inc | Tampa | $594k |
| Miami Beach Police Athletic League Inc | Miami Beach | $595k |