Minnesota Valley Mothers of Multiples

Analysis

Minnesota Valley Mothers of Multiples is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Minnesota Valley Mothers of Multiples reported income of $92k and spending of $99k, spending 108% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $50k to $92k (+83%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Valley Mothers of Multiples sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Chetek Food Shelf Inc ($92k), Korean-American Society of Connecticut ($92k) and Teller County Farmers Market Association ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 86% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.