Helping Paws of Minnesota Inc

Analysis

Helping Paws of Minnesota Inc is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Helping Paws of Minnesota Inc reported income of $862k and spending of $1.0m, spending 119% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $716k to $862k (+20%), an average of +6.4% a year. The sharpest change came in the year to May 2022, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Paws of Minnesota Inc 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 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Goshen Day Care Board Inc ($862k), Community Child Care Inc ($862k) and Family School ($862k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $109k (11% of expenses). Other salaries and wages came to $484k. At year end it held assets of $1.1m against liabilities of $166k, net assets of $978k. It reported 15 employees.