Parks & Trails Council of Minnesota

Analysis

Parks & Trails Council of Minnesota is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Parks & Trails Council of Minnesota reported income of $759k and spending of $871k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $625k to $759k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parks & Trails Council of Minnesota sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Washington State Wrestling Association ($759k), The Everett Inc ($759k) and Kids Building Character Inc ($758k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $140k (16% of expenses). Other salaries and wages came to $306k. At year end it held assets of $8.9m against liabilities of $333k, net assets of $8.6m. It reported 7 employees.