Minnesota Chapter of the National Association of Tax Practitioners I

Analysis

Minnesota Chapter of the National Association of Tax Practitioners I is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in October 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Minnesota Chapter of the National Association of Tax Practitioners I reported income of $52k and spending of $58k, spending 112% of what it took in. Across the 2 years on record, from March 2022 to March 2024, income fell from $55k to $52k (-5.0%), an average of -5.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Chapter of the National Association of Tax Practitioners I sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Friends of Longview Senior Center ($52k), Iowa City Boys Baseball Inc ($52k) and Lark Farm Inc ($52k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 87% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.