Minnesota Peo Home Fund

Analysis

Minnesota Peo Home Fund is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in February 1974, 52 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Minnesota Peo Home Fund reported income of $288k and spending of $179k, leaving 38% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $264k to $288k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to March 2024, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Peo Home Fund sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include O P Morganthaler Foundation Inc ($288k), Harlan County Community Foundation Inc ($288k) and First Lutheran Day Care Center Inc ($288k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.