Global Minnesota

Analysis

Global Minnesota is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Global Minnesota reported income of $1.2m and spending of $1.4m, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $1.2m (-6.2%), an average of -2.1% a year. Over the whole period it spent 110% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Minnesota sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Light a Candle Project ($1.2m), Hearts & Hope ($1.2m) and Human Rights in China Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $282k (20% of expenses). Other salaries and wages came to $713k. At year end it held assets of $1.5m against liabilities of $128k, net assets of $1.4m. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.