Greater Minnesota Family Services

Analysis

Greater Minnesota Family Services is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Greater Minnesota Family Services reported income of $17.2m and spending of $15.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.7m to $17.2m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greater Minnesota Family Services sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Serious Fun Childrens Network Inc ($17.2m), Coastal Bend Wellness Foundation Inc ($17.2m) and Medical Center Hospital Authority ($17.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $462k (3.0% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $26.3m against liabilities of $1.4m, net assets of $24.9m. It reported 239 employees.