Shingle Creek Victory Council

Analysis

Shingle Creek Victory Council is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Shingle Creek Victory Council reported income of $65k and spending of $63k, spending 98% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $96k to $65k (-33%), an average of -33% a year. The sharpest change came in the year to September 2023, when income dropped by 33%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shingle Creek Victory Council sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Team Jaffrey ($65k), Restart 3 20 Inc ($65k) and Houston Hearts Chapter National Charity League Inc ($64k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $24k against liabilities of $1,670, net assets of $22k.