Mentor Me of Ulster County Inc

Analysis

Mentor Me of Ulster County Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in January 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mentor Me of Ulster County Inc reported income of $175k and spending of $180k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $175k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mentor Me of Ulster County Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Carmel Youth Assistance Inc ($175k), Eagle U Inc ($175k) and Washington Outdoor School ($175k).

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 $100k against liabilities of $15k, net assets of $85k.