Minnesota Sports Federation Inc

Analysis

Minnesota Sports Federation Inc is a registered charity in United States, based in South St Paul, MN. It received its IRS tax-exemption ruling in September 1983, 43 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 October 2023, Minnesota Sports Federation Inc reported income of $213k and spending of $254k, spending 119% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $313k to $213k (-32%), an average of -9.2% a year. The sharpest change came in the year to October 2020, when income dropped by 49%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Sports Federation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include W P Scales School Parents Club ($213k), South Everett Mukilteo Rotary Foundation ($213k) and Carlisle Area Family Life Center ($213k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Other salaries and wages came to $29k. At year end it held assets of $20k against liabilities of $150k, net assets of -$130k. It reported 1 employees.