Credible Messenger Mentoring Movement
Analysis
Credible Messenger Mentoring Movement is a registered charity in United States, based in Washington, DC. 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 (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, Credible Messenger Mentoring Movement reported income of $2.9m and spending of $1.9m, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.4m to $2.9m (+113%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 69% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Credible Messenger Mentoring Movement sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Ach Clear Pathways ($2.9m), Fiver Childrens Foundation Inc ($2.9m) and Boys and Girls Clubs of South County ($2.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $569k (29% of expenses). Other salaries and wages came to $142k. At year end it held assets of $1.8m against liabilities of $95k, net assets of $1.7m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 7.7%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ach Clear Pathways | Pittsburgh | $2.9m |
| Fiver Childrens Foundation Inc | New York | $2.9m |
| Boys and Girls Clubs of South County | Imperial BCH | $2.9m |
| Childrens Cancer Partners of the Carolinas Inc | Spartanburg | $2.9m |