Logan Park Neighborhood Association

Analysis

Logan Park Neighborhood Association is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Logan Park Neighborhood Association reported income of $71k and spending of $60k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $71k (-12%), an average of -12% a year. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Logan Park Neighborhood Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Rotary Club Foundation of Danville Inc ($71k), Lja Lake Association ($71k) and Wilkes County Hall of Fame ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.