Minds Matter

Analysis

Minds Matter is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2004, 22 years ago. 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 June 2023, Minds Matter reported income of $370k and spending of $268k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $235k to $370k (+58%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minds Matter sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Walt Whitman Birthplace Association ($370k), Westminster Homes Inc ($371k) and Avatar Meher Baba Center of Southern California ($370k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $94k (35% of expenses). At year end it held assets of $703k against liabilities of $15k, net assets of $688k. It reported 1 employees.