Minnesota Child Care Resource and Referral Network

Analysis

Minnesota Child Care Resource and Referral Network is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Minnesota Child Care Resource and Referral Network reported income of $7.4m and spending of $7.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.3m to $7.4m (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2020, when income rose by 750%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Child Care Resource and Referral Network sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Semo Alliance for Disability Independence Inc-Fiscal Agent ($7.4m), Resource for Education Advocacy Communication and Housing ($7.5m) and Summer Tree Residential Centers Inc ($7.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $277k (3.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $7.5m against liabilities of $5.8m, net assets of $1.7m. It reported 45 employees.