Personal Money Management Inc

Analysis

Personal Money Management Inc is a registered charity in United States, based in Crookston, MN. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Personal Money Management Inc reported income of $165k and spending of $169k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $165k (+7.8%), an average of +7.8% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Personal Money Management Inc sits at the 51st percentile: it is larger than about 50% 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 Illinois Afterschool Network ($165k), Kid Kare Project Inc ($165k) and Puzzlers Preschool ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.