Frogtown Neighborhood Association

Analysis

Frogtown Neighborhood Association is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Frogtown Neighborhood Association reported income of $332k and spending of $447k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $332k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 190%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Frogtown Neighborhood Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Florida Strawberry Research and Education Foundation Inc ($332k), Dekalb County Senior Citizens Council Inc ($332k) and The Reaching Educating for Community Hope Foundation ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $244k (55% of expenses). At year end it held assets of $145k against liabilities of $3,200, net assets of $142k. It reported 3 employees.