Teammates Mentoring Program

Analysis

Teammates Mentoring Program is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 2003, 23 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 June 2023, Teammates Mentoring Program reported income of $1.8m and spending of $1.4m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.8m (-3.2%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teammates Mentoring Program sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NE. Charities of a similar size with the same main cause include Railroad Street Youth Project ($1.8m), Americas Future Foundation ($1.8m) and Boys & Girls Club of Rochester ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $638k. At year end it held assets of $6.9m against liabilities of $42k, net assets of $6.9m. It reported 19 employees.