The Karen Organization of Minnesota

Analysis

The Karen Organization of Minnesota is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in December 2008, 18 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 Karen Organization of Minnesota reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.5m (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Karen Organization of Minnesota sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Living Independently for Today & Tomorrow Incorporated ($3.5m), Union Mission Ministries Inc ($3.5m) and Comprehensive Community Solutions Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $186k (5.3% of expenses). Other salaries and wages came to $1.6m. It paid $6,331 in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $810k, net assets of $1.1m. It reported 67 employees.