Field-Regina-Northrop Neighborhood Group Inc

Analysis

Field-Regina-Northrop Neighborhood Group Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Field-Regina-Northrop Neighborhood Group Inc reported income of $52k and spending of $42k, spending 81% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $33k to $52k (+60%), an average of +27% a year. The sharpest change came in the year to March 2023, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Field-Regina-Northrop Neighborhood Group Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Robert P Giddines Trust Bradley R Cook & James D Colt Ttee ($52k), Familylinks Outreach Center ($52k) and Carmine Cerone Sportsmen Foundation ($52k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $57k against liabilities of $13k, net assets of $43k.