St Maron Maronite Church of Minneapolis Nasseff Maronite

Analysis

St Maron Maronite Church of Minneapolis Nasseff Maronite is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Maron Maronite Church of Minneapolis Nasseff Maronite reported income of $62k and spending of $22k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $62k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 191%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Maron Maronite Church of Minneapolis Nasseff Maronite sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Lambda Theta Alpha Foundation Inc ($62k), Grand Caillou Dulac Band of Biloxi Chitimacha Choctaw ($62k) and Ty Foundation Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 0.4% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.