Minnesota Distance Elite

Analysis

Minnesota Distance Elite is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Minnesota Distance Elite reported income of $62k and spending of $118k, spending 191% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $62k (-10%), an average of -10% a year. Over the whole period it spent 154% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Minnesota Distance Elite sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Lodi Ffa Ag Boosters ($62k), Five Parks Piranhas Inc ($62k) and Joseph P Tynan Community School Council Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.