Dinomights

Analysis

Dinomights is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 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, Dinomights reported income of $1.1m and spending of $784k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $434k to $1.1m (+160%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dinomights sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Asian Pacific American Community Center ($1.1m), East Side Aligned ($1.1m) and New Jerusalem Community Development Corporation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (14% of expenses). Other salaries and wages came to $338k. At year end it held assets of $710k against liabilities of $616, net assets of $709k. It reported 21 employees.