Tubman

Analysis

Tubman is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 1974, 52 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 September 2023, Tubman reported income of $11.3m and spending of $11.7m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.6m to $11.3m (+19%), an average of +4.4% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tubman sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Neighborhood Medical Center Inc ($11.3m), Martin Luther King Jr Family Clinic ($11.3m) and Mercy Medical Center Cedar Rapids Iowa Endowment Foundation Inc ($11.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $485k (4.2% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $18.3m against liabilities of $3.5m, net assets of $14.8m. It reported 144 employees.