Minnesota Hundred Club

Analysis

Minnesota Hundred Club is a registered charity in United States, based in Anoka, MN. It received its IRS tax-exemption ruling in December 1972, 54 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, Minnesota Hundred Club reported income of $267k and spending of $336k, spending 126% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $267k (+20%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Hundred Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Ginn Foundation ($267k), My Joyful Heart NFP ($267k) and Roots Thrift Store Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $38k (11% of expenses). At year end it held assets of $347k against liabilities of $0, net assets of $347k. It reported 1 employees.