Midwest Special Services Inc

Analysis

Midwest Special Services Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1951, 75 years ago. 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, Midwest Special Services Inc reported income of $11.3m and spending of $11.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.3m to $11.3m (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midwest Special Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Presence Home Care ($11.3m), Senior Citizens Housing Development Corporation of Fontana ($11.3m) and Traditions at Chillicothe ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $326k (2.9% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $8.8m against liabilities of $2.9m, net assets of $5.9m. It reported 250 employees.