Minnesota Community Healthcare Network

Analysis

Minnesota Community Healthcare Network is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Minnesota Community Healthcare Network reported income of $757k and spending of $748k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $757k (+468%), an average of +54% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minnesota Community Healthcare Network sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Lakeview Village Inc ($757k), Mindspec Inc ($757k) and Simulation in Motion Montana Inc ($757k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $50k (6.7% of expenses). At year end it held assets of $177k against liabilities of $185k, net assets of -$7,421.