Mdi Commercial Services

Analysis

Mdi Commercial Services is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mdi Commercial Services reported income of $31.7m and spending of $27.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.4m to $31.7m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mdi Commercial Services sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Chinese American Service League Inc ($31.6m), The Workplace Inc ($32.0m) and Alamo Navajo School Board Inc ($31.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $9.2m against liabilities of $2.8m, net assets of $6.4m. It reported 166 employees.