Minnesotans Military Appreciation Fund

Analysis

Minnesotans Military Appreciation Fund is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2005, 21 years ago. 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 April 2023, Minnesotans Military Appreciation Fund reported income of $2.4m and spending of $546k, leaving 77% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $2.1m to $2.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to April 2022, when income rose by 24%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesotans Military Appreciation Fund sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Le Royer Foundation ($2.4m), Autism New Jersey Inc ($2.4m) and Preservation Buffalo Niagara ($2.4m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $86k. At year end it held assets of $20.3m against liabilities of $51k, net assets of $20.3m. It reported 1 employees.