Native Ways Federation Inc

Analysis

Native Ways Federation Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Native Ways Federation Inc reported income of $1.2m and spending of $529k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.4m to $1.2m (-13%), an average of -6.5% a year. The sharpest change came in the year to December 2023, when income rose by 2170%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Native Ways Federation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include North Dakota Stockmens Foundation ($1.2m), United Way of Adams County Inc ($1.2m) and Atlas Project ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $147k (28% of expenses). Other salaries and wages came to $176k. At year end it held assets of $1.9m against liabilities of $73k, net assets of $1.8m. It reported 4 employees.