A C E of Southwest Minnesota

Analysis

A C E of Southwest Minnesota is a registered charity in United States, based in Slayton, MN. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, A C E of Southwest Minnesota reported income of $560k and spending of $535k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $560k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, A C E of Southwest Minnesota sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include A Better Jamaica Inc ($560k), Arlington I S D Education Foundation ($560k) and Sterling Solutions ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $305k. At year end it held assets of $444k against liabilities of $163k, net assets of $280k. It reported 11 employees.