Minnesota Jaycees Charitable Foundation

Analysis

Minnesota Jaycees Charitable Foundation is a registered charity in United States, based in Hastings, MN. It received its IRS tax-exemption ruling in January 1974, 52 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 July 2023, Minnesota Jaycees Charitable Foundation reported income of $86k and spending of $120k, spending 140% of what it took in. Across the 4 years on record, from July 2019 to July 2023, income fell from $97k to $86k (-11%), an average of -3.8% a year. The sharpest change came in the year to July 2021, when income rose by 104%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Jaycees Charitable Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($86k), The Praxis Group ($86k) and Show Me State Air Show ($86k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $34k (28% of expenses). At year end it held assets of $542k against liabilities of $14k, net assets of $528k. It reported 9 employees.