Turkish American Society of Minnesota

Analysis

Turkish American Society of Minnesota is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Turkish American Society of Minnesota reported income of $138k and spending of $138k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $82k to $138k (+68%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 345%. Over the whole period it spent 58% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Turkish American Society of Minnesota sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Salam Sadaqah Organization ($138k), Helping Hand Relief for the Poor ($138k) and World Affairs Council of Las Vegas ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $747k against liabilities of $253k, net assets of $494k.