Youth Mentoring Connection

Analysis

Youth Mentoring Connection is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2001, 25 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 2023, Youth Mentoring Connection reported income of $1.9m and spending of $1.4m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $494k to $1.9m (+278%), an average of +39% a year. The sharpest change came in the year to June 2020, when income rose by 54%. 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, Youth Mentoring Connection sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Literacy Coalition of Central Texas ($1.9m), Alumni of the State Univ of Ny Agri & Tech College at Cobleskill ($1.9m) and Signal 30 Troopers Benefit Fund Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $135k (9.7% of expenses). Other salaries and wages came to $603k. At year end it held assets of $2.7m against liabilities of $1.6m, net assets of $1.1m. It reported 13 employees.