Beth El Foundation of Minnesota Inc

Analysis

Beth El Foundation of Minnesota Inc is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Beth El Foundation of Minnesota Inc reported income of $682k and spending of $849k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $731k to $682k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income rose by 347%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beth El Foundation of Minnesota Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Lithuanian American Community Inc ($681k), Navigant Credit Union Charitable Foundation Inc ($683k) and Norfolk Family Coalition Inc ($680k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $9.4m against liabilities of $0, net assets of $9.4m.