Nurturing Minds

Analysis

Nurturing Minds is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nurturing Minds reported income of $80k and spending of $80k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $80k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nurturing Minds sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Move the Mountain Leadership Center Inc ($80k), Because One Matters Corp ($80k) and The Lions Club of Norfolk Connecticut Inc ($80k).

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 $277 against liabilities of $0, net assets of $277.