Project Mind a Project for the Development and Education of Child

Analysis

Project Mind a Project for the Development and Education of Child is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Project Mind a Project for the Development and Education of Child reported income of $1.3m and spending of $1.1m, leaving 21% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.4m to $1.3m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to August 2023, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Project Mind a Project for the Development and Education of Child sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Joy of Music Program Inc ($1.3m), Crown Hill Heritage Foundation Inc ($1.3m) and American Ornithological Society ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $105k (9.8% of expenses). Other salaries and wages came to $409k. At year end it held assets of $1.7m against liabilities of $514k, net assets of $1.2m. It reported 23 employees.