Association of Residential Resources in Minnesota

Analysis

Association of Residential Resources in Minnesota is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of Residential Resources in Minnesota reported income of $2.0m and spending of $1.8m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+29%), an average of +6.6% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Association of Residential Resources in Minnesota sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Polk County Developmental Achievement Center Inc ($2.0m), Association for Retarded Citizens of Washington County Inc ($2.0m) and Dzi Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $180k (10% of expenses). Other salaries and wages came to $605k. At year end it held assets of $2.1m against liabilities of $498k, net assets of $1.6m. It reported 8 employees.