Ace Mentor Program of America Inc

Analysis

Ace Mentor Program of America Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Ace Mentor Program of America Inc reported income of $70k and spending of $59k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $69k to $70k (+2.4%), an average of +2.4% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ace Mentor Program of America Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include California Association of Realtors Scholarship Foundation ($70k), Jose Wellington Bezerra Da Costa Bible College Corp ($70k) and Quelab ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.