Intergroup Association of Minneapolis and Suburban Area Inc

Analysis

Intergroup Association of Minneapolis and Suburban Area Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 1969, 57 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 September 2023, Intergroup Association of Minneapolis and Suburban Area Inc reported income of $365k and spending of $300k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $270k to $365k (+35%), an average of +7.8% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Intergroup Association of Minneapolis and Suburban Area Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Cascade Fire Department ($365k), Lucy Project Inc ($365k) and National Association for Children of Alcoholics ($365k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $90k (30% of expenses). Other salaries and wages came to $71k. At year end it held assets of $353k against liabilities of $12k, net assets of $341k. It reported 4 employees.