St Anthony East Neighborhood Association Inc

Analysis

St Anthony East Neighborhood Association Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 1998, 28 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, St Anthony East Neighborhood Association Inc reported income of $115k and spending of $104k, spending 90% of its income. Across the 3 years on record, from December 2018 to December 2023, income fell from $225k to $115k (-49%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, St Anthony East Neighborhood Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Circle of Life Development Foundation ($115k), Downtown Milford Inc ($115k) and Vector Industries Foundation ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. At year end it held assets of $151k against liabilities of $5,000, net assets of $146k.