Mind and Life Institute is a 501(c)(3) organization based in Charlottesvle, Virginia, registered in 1992, with $3,458,858 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.5M
▼ 11.0% vs prior year
Human Services median: $293K
Expenses (FY2024)
$3.3M
Net assets
$8.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mind and Life Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mind and Life Institute: 31 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mind and Life Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mind and Life Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $4.6M (FY2013) to $3.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
6.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.2M
Total liabilities
$897K
Net assets
$8.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,458,858▼11.0% | $3,250,344▼11.5% | $8,325,682▲7.7% | $9,223,026▲1.2% | 990 |
| 2023 | $3,884,543▲17.0% | $3,673,658▼2.2% | $7,727,184▲13.1% | $9,115,144▲6.0% | 990 |
| 2022 | $3,320,239▼34.4% | $3,755,763▲16.5% | $6,830,481▼9.4% | $8,595,479▼14.4% | 990 |
| 2021 | $5,063,751▲67.4% | $3,222,964▲2.6% | $7,540,776▲32.3% | $10,037,349▲14.5% | 990 |
| 2020 | $3,024,838▼17.6% | $3,140,855▼6.7% | $5,699,989▼2.0% | $8,762,731▼4.3% | 990 |
| 2019 | $3,668,821▼29.8% | $3,366,927▼18.3% | $5,816,006▲5.5% | $9,160,321▲31.8% | 990 |
| 2018 | $5,223,481▲44.6% | $4,119,398▲16.0% | $5,514,112▲3.1% | $6,951,770▲15.7% | 990 |
| 2017 | $3,612,731▲25.7% | $3,552,029▼20.5% | $5,346,034▲1.1% | $6,008,286▲1.4% | 990 |
| 2016 | $2,875,030▼38.4% | $4,469,958▼9.8% | $5,285,332▼23.2% | $5,922,451▼21.0% | 990 |
| 2015 | $4,669,083▼18.6% | $4,958,015▼11.1% | $6,880,260▼3.9% | $7,498,144▼0.2% | 990 |
| 2014 | $5,736,955▲24.8% | $5,575,130▲66.5% | $7,162,352▲3.4% | $7,512,572▲4.0% | 990 |
| 2013 | $4,595,754 | $3,348,780▲20.0% | $6,929,331▲18.3% | $7,221,621▲17.5% | 990 |
| 2012 | — | $2,791,273▲14.4% | $5,855,540▲17.0% | $6,146,977▲0.9% | 990 |
| 2011 | — | $2,439,376▲30.8% | $5,003,280▼6.8% | $6,093,347▲6.7% | 990 |
| 2010 | — | $1,865,054 | $5,366,709 | $5,708,660 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
51 grants to Mind and Life Institute totaling $6.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tides Foundation | Healthy individuals and communities | 2024 | $1,150,000 |
| Silicon Valley Community Foundation | Sciences | 2024 | $75,000 |
| Impactassets Inc | General support | 2024 | $16,667 |
| Tides Foundation | Healthy individuals and communities | 2023 | $250,000 |
| Silicon Valley Community Foundation | Sciences | 2023 | $125,000 |
| Community Foundation of Tampa Bay Inc | Support of mission | 2023 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $20,600 |
| Delaware Community Foundation | Unrestricted support | 2023 | $15,000 |
| New Hampshire Charitable Foundation | For general support | 2023 | $10,000 |
| Impactassets Inc | General support | 2023 | $8,333 |
| Donor Advised Charitable Giving | Human services | 2023 | $5,200 |
| Tides Foundation | Healthy individuals and communities | 2022 | $300,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $300,000 |
| Silicon Valley Community Foundation | Sciences | 2022 | $125,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $107,065 |
Explore more
Data for Mind and Life Institute (EIN 77-0284767) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.