Minnesota Association of Community Health Centers

Analysis

Minnesota Association of Community Health Centers is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover health care, 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, Minnesota Association of Community Health Centers reported income of $2.6m and spending of $2.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $2.6m (+140%), an average of +24% a year. The sharpest change came in the year to September 2021, when income rose by 276%. 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, Minnesota Association of Community Health Centers sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Association of American Cancer Institutes ($2.6m), The Society of Breast Imaging ($2.6m) and Noblequest Health Foundation Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $313k (12% of expenses). Other salaries and wages came to $571k. At year end it held assets of $1.4m against liabilities of $407k, net assets of $1.0m. It reported 9 employees.