Friends of the Mississippi River

Analysis

Friends of the Mississippi River is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Friends of the Mississippi River reported income of $4.3m and spending of $3.4m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.3m to $4.3m (+83%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 146%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the Mississippi River 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 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Composite Recycling Technology Center ($4.3m), Global Conservation ($4.3m) and Izaak Walton League of America Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $179k (5.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.9m against liabilities of $447k, net assets of $3.4m. It reported 24 employees.