Episcopal Church Home of Minnesota

Analysis

Episcopal Church Home of Minnesota is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Episcopal Church Home of Minnesota reported income of $20.0m and spending of $20.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.4m to $20.0m (+15%), an average of +3.5% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Episcopal Church Home of Minnesota 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 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Serv Achievement Centers Inc ($20.0m), H E R O E S Care Inc ($20.0m) and Hope Christian Services ($20.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $906k (4.4% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $15.6m against liabilities of $11.6m, net assets of $4.0m. It reported 668 employees.