Conorth

Analysis

Conorth is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Conorth reported income of $2.4m and spending of $1.7m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $2.4m (+582%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Conorth sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include San Diego Community Housing Corporation ($2.4m), Southeast Seattle Senior Foundation ($2.4m) and Community Housing Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $92k (5.4% of expenses). Other salaries and wages came to $526k. At year end it held assets of $3.2m against liabilities of $2.0m, net assets of $1.2m. It reported 11 employees.