American Indian Oic Inc

Analysis

American Indian Oic Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1980, 46 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Indian Oic Inc reported income of $5.7m and spending of $5.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.7m (+75%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Indian Oic Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Glynwood Center Inc ($5.7m), The Dee Norton Lowcountry Childrens Center Inc ($5.7m) and Regional Services and Education Center Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $141k (2.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.7m against liabilities of $372k, net assets of $2.4m. It reported 58 employees.