Minnesota Odd Fellows Home Foundation

Analysis

Minnesota Odd Fellows Home Foundation is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Minnesota Odd Fellows Home Foundation reported income of $1.7m and spending of $468k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $583k to $1.7m (+195%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 206%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Odd Fellows Home Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Grayson Grand Central Station ($1.7m), Northwest Battle Buddies ($1.7m) and After Gateway Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.4m against liabilities of $2,834, net assets of $4.4m.