Minot Area Mens Winter Refuge

Analysis

Minot Area Mens Winter Refuge is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Area Mens Winter Refuge reported income of $217k and spending of $187k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $217k (+133%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Minot Area Mens Winter Refuge sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 49th percentile within ND. Charities of a similar size with the same main cause include Fresno City Center Corporation ($217k), Lifetime Community Apartments Inc ($217k) and Fairfield Garden Court Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (38% of expenses). At year end it held assets of $169k against liabilities of $758, net assets of $168k. It reported 1 employees.