Model Cities of St Paul Inc

Analysis

Model Cities of St Paul Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Model Cities of St Paul Inc reported income of $2.9m and spending of $2.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.9m (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Model Cities of St Paul Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Lee Moor Childrens Home Trust Estate ($2.9m), Wesley Hospice LLC ($2.9m) and Colonie Senior Service Centers Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $96k (3.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.7m against liabilities of $783k, net assets of $2.9m. It reported 43 employees.