Elevated Minds Embracing Righteousness and Gaining Equality

Analysis

Elevated Minds Embracing Righteousness and Gaining Equality is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Elevated Minds Embracing Righteousness and Gaining Equality reported income of $153k and spending of $101k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $153k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elevated Minds Embracing Righteousness and Gaining Equality sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Harford Artists Association Inc ($153k), Robotech Educational Services Inc ($153k) and Redwood Area Education Foundation ($153k).

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 $69k against liabilities of $0, net assets of $69k.