Minnesota Valley Antique Farm Power and Machinery Association

Analysis

Minnesota Valley Antique Farm Power and Machinery Association is a registered charity in United States, based in Montevideo, MN. It received its IRS tax-exemption ruling in July 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Minnesota Valley Antique Farm Power and Machinery Association reported income of $84k and spending of $106k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $84k (+144%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Valley Antique Farm Power and Machinery Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Life Link of Sheridan County ($84k), Tulare Volunteer Bureau ($84k) and The Next Ice Age ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 9.9% of the total. At year end it held assets of $575k against liabilities of $0, net assets of $575k.