Mdi Hired Hands

Analysis

Mdi Hired Hands is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 1988, 38 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 2023, Mdi Hired Hands reported income of $681k and spending of $880k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $681k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 188% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mdi Hired Hands sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Barristers Book Shop ($681k), United Givers of Bartow County Inc ($681k) and Fish Tales ($681k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $471k. At year end it held assets of $191k against liabilities of $5.9m, net assets of -$5.7m. It reported 62 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.