The Minden Foundation Inc

Analysis

The Minden Foundation Inc is a registered charity in United States, based in Minden, LA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, The Minden Foundation Inc reported income of $106k and spending of $65k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $99k to $106k (+6.5%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 187%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Minden Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within LA. Charities of a similar size with the same main cause include One Story at a Time Incorporated ($106k), Luellas Lodge NFP ($106k) and Shoot for the Troops ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.