Mindful College Connections Inc

Analysis

Mindful College Connections Inc is a registered charity in United States, based in Greencastle, IN. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mindful College Connections Inc reported income of $2.7m and spending of $1.2m, leaving 56% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $1,100 to $2.7m (+242590%), an average of +242590% a year. The sharpest change came in the year to June 2024, when income rose by 242590%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mindful College Connections Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Holland Community Health Center ($2.7m), Rakhma Inc ($2.7m) and Catholic Health Care Foundation of the Archdiocese of New York ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $144k (12% of expenses). Other salaries and wages came to $52k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.