Greater Minneapolis Council of Churches

Analysis

Greater Minneapolis Council of Churches is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1942, 84 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Greater Minneapolis Council of Churches reported income of $1.3m and spending of $1.7m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater Minneapolis Council of Churches 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 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Institute for Missionary Evangalism ($1.3m), Unity Revival Movement ($1.3m) and International Sports Federation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $176k (11% of expenses). Other salaries and wages came to $656k. At year end it held assets of $2.6m against liabilities of $345k, net assets of $2.3m. It reported 33 employees.