Jain Center of Minnesota

Analysis

Jain Center of Minnesota is a registered charity in United States, based in Minnetrista, MN. It received its IRS tax-exemption ruling in January 1992, 34 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, Jain Center of Minnesota reported income of $64k and spending of $70k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $64k (-5.4%), an average of -5.4% a year. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jain Center of Minnesota sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Highlanders Booster Club ($64k), Cascade Orienteering Club ($64k) and Permian Band and Orchestra Boosters ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $341k against liabilities of $0, net assets of $341k.