Childrens Home Society of Minnesota

Analysis

Childrens Home Society of Minnesota is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 1942, 84 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 June 2024, Childrens Home Society of Minnesota reported income of $6.0m and spending of $5.9m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.3m to $6.0m (+12%), an average of +2.9% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Society of Minnesota sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Eastern Plains Caa Inc ($6.0m), Sisters of Nazareth of Fresno ($6.0m) and Chinese Community Center Inc ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $116k (2.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $18.0m against liabilities of $1.1m, net assets of $16.9m. It reported 77 employees.