Minors in Need of Resettlement Inc Minors

Analysis

Minors in Need of Resettlement Inc Minors is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in April 1986, 40 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, Minors in Need of Resettlement Inc Minors reported income of $131k and spending of $108k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $131k (-8.3%), an average of -8.3% a year. 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, Minors in Need of Resettlement Inc Minors sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Serendipity Mercantile ($131k), Freedom Inn His Grace Ministry ($131k) and Quilts of Honor America ($131k).

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 $91k against liabilities of $0, net assets of $91k.