Minneapolis Recreation Development Inc

Analysis

Minneapolis Recreation Development Inc is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Minneapolis Recreation Development Inc reported income of $177k and spending of $188k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $413k to $177k (-57%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Minneapolis Recreation Development Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Symple Equazion ($177k), Boyz to Kings Inc ($177k) and Manoa Youth Baseball League ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.