Institute for Chemical Dependency Professionals of Minnesota Inc

Analysis

Institute for Chemical Dependency Professionals of Minnesota Inc is a registered charity in United States, based in Wyoming, MN. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Institute for Chemical Dependency Professionals of Minnesota Inc reported income of $823k and spending of $669k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $823k (+300%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for Chemical Dependency Professionals of Minnesota Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Chrysalis Autism Center Inc ($823k), Greater Nashua Dental Connection ($823k) and Compassion Connect ($823k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $84k (13% of expenses). Other salaries and wages came to $203k. At year end it held assets of $296k against liabilities of $2,845, net assets of $293k. It reported 7 employees.