Minnesota State Sheriffs Association Inc

Analysis

Minnesota State Sheriffs Association Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 1965, 61 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, Minnesota State Sheriffs Association Inc reported income of $2.4m and spending of $2.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota State Sheriffs Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Terrapraxis Inc ($2.4m), Cornerstone Child Development Center Inc ($2.4m) and Boy Scouts of America ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $117k (5.2% of expenses). Other salaries and wages came to $544k. At year end it held assets of $2.1m against liabilities of $61k, net assets of $2.0m. It reported 11 employees.