Northwoods Interfaith Volunteer Caregivers Program

Analysis

Northwoods Interfaith Volunteer Caregivers Program is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Northwoods Interfaith Volunteer Caregivers Program reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $866k to $1.3m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Northwoods Interfaith Volunteer Caregivers Program sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Grand Chapter of Pa Endowment Corporation Inc ($1.3m), Washington Womens Foundation ($1.3m) and 22kill ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $310k (29% of expenses). Other salaries and wages came to $342k. At year end it held assets of $208k against liabilities of $0, net assets of $208k. It reported 45 employees.