Minneapolis American Indian Center

Analysis

Minneapolis American Indian Center is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Minneapolis American Indian Center reported income of $7.9m and spending of $4.1m, leaving 48% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $7.9m (+104%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 82%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minneapolis American Indian Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Divinity Family Services Inc ($7.9m), Universal Family Connection Inc ($7.9m) and River Fund New York Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $152k (3.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $29.4m against liabilities of $14.4m, net assets of $15.0m. It reported 43 employees.