Mdi Government Service Inc

Analysis

Mdi Government Service Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Mdi Government Service Inc reported income of $9.3m and spending of $10.8m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.7m to $9.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mdi Government Service Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Young Womens Christian Association of Cleveland Ohio ($9.3m), Universidad Central de Bayamon Inc ($9.3m) and West Palm Golf Community Trust Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $16.4m against liabilities of $0, net assets of $16.4m. It reported 55 employees.

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.