Charities Review Council of Minnesota Inc

Analysis

Charities Review Council of Minnesota Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in March 1948, 78 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, Charities Review Council of Minnesota Inc reported income of $406k and spending of $400k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $406k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charities Review Council of Minnesota Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Bikes Blues & Barbeque Inc ($406k), Thrive Global Project Inc ($407k) and Hilton Head Heroes Inc ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $118k (30% of expenses). Other salaries and wages came to $81k. At year end it held assets of $145k against liabilities of $61k, net assets of $84k. It reported 5 employees.