Midtown Greenway Coalition

Analysis

Midtown Greenway Coalition is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Midtown Greenway Coalition reported income of $166k and spending of $165k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $166k (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Midtown Greenway Coalition sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Mainstreet Shelbyville Incorporated ($166k), Urban Corps Inc ($166k) and Opportunity Marshall Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $73k (45% of expenses). Other salaries and wages came to $2,032. At year end it held assets of $235k against liabilities of $893, net assets of $234k. It reported 2 employees.