Nokomis East Neighborhood Association

Analysis

Nokomis East Neighborhood Association 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 crime and legal-related, which this site groups under human rights and equality. 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, Nokomis East Neighborhood Association reported income of $233k and spending of $185k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $407k to $233k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Nokomis East Neighborhood Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Casa of Troup County Inc ($233k), Genequality Inc ($233k) and Brotherhood for the Fallen Suffolk County Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $63k (34% of expenses). Other salaries and wages came to $69k. At year end it held assets of $243k against liabilities of $10k, net assets of $233k. It reported 4 employees.