Greater Minnesota Management

Analysis

Greater Minnesota Management is a registered charity in United States, based in Erskine, MN. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Greater Minnesota Management reported income of $1.5m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.5m (+25%), an average of +5.8% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Minnesota Management 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 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Agape Homes CDC ($1.5m), Second Westfield Senior Citizens Housing Corporation ($1.5m) and Housing Court Answers Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $202k (14% of expenses). Other salaries and wages came to $849k. At year end it held assets of $2.9m against liabilities of $124k, net assets of $2.8m. It reported 30 employees.