Minnesota Safety Council Inc

Analysis

Minnesota Safety Council Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 1953, 73 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 June 2024, Minnesota Safety Council Inc reported income of $3.5m and spending of $3.4m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.0m to $3.5m (+17%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Minnesota Safety Council Inc sits at the 98th percentile: it is larger than about 98% 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 Los Angeles Fire Department Foundation ($3.5m), Aip Foundation Inc ($3.5m) and Millsboro Fire Company Inc ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $567k (17% of expenses). Other salaries and wages came to $954k. At year end it held assets of $2.5m against liabilities of $1.7m, net assets of $862k. It reported 16 employees.