Minot Commission on Aging Inc

Analysis

Minot Commission on Aging Inc is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Minot Commission on Aging Inc reported income of $3.1m and spending of $3.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.1m (+43%), an average of +9.3% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minot Commission on Aging Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within ND. Charities of a similar size with the same main cause include Parentstogether Foundation ($3.1m), Southeast Vocational Alliance Inc ($3.1m) and Pasco Kids First Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 20% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.5m against liabilities of $331k, net assets of $2.1m. It reported 55 employees.