International Institute of Minnesota

Analysis

International Institute of Minnesota is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1945, 81 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 September 2023, International Institute of Minnesota reported income of $7.8m and spending of $8.7m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.8m to $7.8m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2021, when income rose by 63%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Institute of Minnesota sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Mid America Assistance Coalition Inc ($7.8m), Center on Halsted ($7.8m) and New England Eye Institute Inc ($7.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $439k (5.1% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $18.2m against liabilities of $1.0m, net assets of $17.2m. It reported 99 employees.