Minnesota China Friendship Garden Society MCFGS

Analysis

Minnesota China Friendship Garden Society MCFGS is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2006, 20 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 (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, Minnesota China Friendship Garden Society MCFGS reported income of $54k and spending of $146k, spending 270% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $31k to $54k (+77%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 180% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minnesota China Friendship Garden Society MCFGS sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Camp Moore Historical Association Inc ($54k), James Burton Foundation ($54k) and Palm Beach Insitute for the Entertainment Arts Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184k against liabilities of $12k, net assets of $171k.