Metropolitan Minnesota Council on Graduate Medical Education

Analysis

Metropolitan Minnesota Council on Graduate Medical Education is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Metropolitan Minnesota Council on Graduate Medical Education reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.3m (+14%), an average of +3.2% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metropolitan Minnesota Council on Graduate Medical Education sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Angioma Alliance ($1.3m), Sources for Community Independent Living Services ($1.3m) and Stop the Heroin ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $253k (19% of expenses). Other salaries and wages came to $576k. At year end it held assets of $846k against liabilities of $276k, net assets of $570k.