Minnesota VFW Charitable Association
Analysis
Minnesota VFW Charitable Association is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Minnesota VFW Charitable Association reported income of $231k and spending of $273k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $142k to $231k (+63%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 79% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota VFW Charitable Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include American Bladesmith Society Inc ($231k), Illuminating Engineering Society ($231k) and Ronks Fire Company ($231k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 57% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 57%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Bladesmith Society Inc | Grand Rapids | $231k |
| Illuminating Engineering Society | New York | $231k |
| Ronks Fire Company | Ronks | $231k |
| Hawaiian Canoe Racing Association | Kihei | $231k |