Basic Needs Inc of South Washington County

Analysis

Basic Needs Inc of South Washington County is a registered charity in United States, based in St Paul Park, MN. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Basic Needs Inc of South Washington County reported income of $607k and spending of $560k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $607k (+167%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Basic Needs Inc of South Washington County sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Chef Lous Army Inc ($607k), Earth Sangha Inc ($608k) and Linnton Community Center ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $106k. It paid $7,456 in professional fundraising fees. At year end it held assets of $245k against liabilities of $14k, net assets of $231k. It reported 20 employees.