Disabled American Veterans of Minnesota Foundation

Analysis

Disabled American Veterans of Minnesota Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2023, Disabled American Veterans of Minnesota Foundation reported income of $598k and spending of $779k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $598k (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 120%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Disabled American Veterans of Minnesota Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Family Promise of the Jersey Shore Inc ($598k), Helpguideorg International ($598k) and Garfield County Child Advocacy Council Inc ($598k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $2,593. At year end it held assets of $5.0m against liabilities of $246k, net assets of $4.8m.