Minnewaska Home Development Inc

Analysis

Minnewaska Home Development Inc is a registered charity in United States, based in Starbuck, MN. It received its IRS tax-exemption ruling in August 1985, 41 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Minnewaska Home Development Inc reported income of $85k and spending of $112k, spending 132% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $102k to $85k (-16%), an average of -16% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minnewaska Home Development Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Auxiliary for Community Health ($85k), Merry Mixers Inc ($85k) and From Silenced to Saved ($85k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.