Association for Learning and Mentoring Services Inc

Analysis

Association for Learning and Mentoring Services Inc is a registered charity in United States, based in Nanuet, NY. It received its IRS tax-exemption ruling in May 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, Association for Learning and Mentoring Services Inc reported income of $362k and spending of $347k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $362k (+266%), an average of +266% a year. The sharpest change came in the year to December 2023, when income rose by 266%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Association for Learning and Mentoring Services Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Stamford Peace Youth Foundation Inc ($362k), Bi-County Service Inc ($363k) and Mission Hope for Kids Inc ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $10k (3.0% of expenses). At year end it held assets of $86k against liabilities of $60k, net assets of $26k.