Teamwomenmn

Analysis

Teamwomenmn is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Teamwomenmn reported income of $459k and spending of $472k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $437k to $459k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Teamwomenmn sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Ur Chicago Alliance Inc ($458k), Lowell Development and Financial Corporation ($459k) and Main Street-Deland Association Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $150k (32% of expenses). At year end it held assets of $345k against liabilities of $65k, net assets of $280k. It reported 1 employees.