Midwest Challenge Inc

Analysis

Midwest Challenge Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1973, 53 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Midwest Challenge Inc reported income of $1.6m and spending of $1.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midwest Challenge Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Phoenix House Foundation Inc ($1.6m), Southbridge Emergency Medical Services Inc ($1.6m) and St Joseph Ambulatory Care Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $130k (8.6% of expenses). Other salaries and wages came to $492k. At year end it held assets of $2.2m against liabilities of $931k, net assets of $1.3m. It reported 28 employees.