Treasure Chest

Analysis

Treasure Chest is a registered charity in United States, based in Waite Park, MN. It received its IRS tax-exemption ruling in October 1981, 45 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 December 2023, Treasure Chest reported income of $651k and spending of $549k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $651k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Treasure Chest sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Turkish Educational Foundation ($651k), North Clackamas Urban Watersheds Council ($651k) and Barrington Tap in Inc ($651k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $288k. At year end it held assets of $546k against liabilities of $68k, net assets of $479k. It reported 25 employees.