Hamline Midway Coalition

Analysis

Hamline Midway Coalition is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Hamline Midway Coalition reported income of $144k and spending of $156k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $144k (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 172%. Over the whole period it spent 115% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hamline Midway Coalition sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Black Clergy Collaborative of Memphis ($144k), Northeast Pensacola Sertoma Club in C ($144k) and Uptown Partnership ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.4% of the total. Other salaries and wages came to $91k. At year end it held assets of $151k against liabilities of $75k, net assets of $76k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.