Aurora-St Anthony Neighborhood Development Corporation

Analysis

Aurora-St Anthony Neighborhood Development Corporation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 1983, 43 years ago. 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 2022, Aurora-St Anthony Neighborhood Development Corporation reported income of $443k and spending of $425k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $824k to $443k (-46%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aurora-St Anthony Neighborhood Development Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Haymarket Housing Development Corporation ($443k), Bethesda Boys Ranch Inc ($443k) and Fire Chiefs and Fire Fighters Assn of York County Inc ($443k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 76% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $84k (20% of expenses). Other salaries and wages came to $78k. At year end it held assets of $3.5m against liabilities of $457k, net assets of $3.1m. It reported 4 employees.