Minnesota Leadership Council on Aging

Analysis

Minnesota Leadership Council on Aging is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Minnesota Leadership Council on Aging reported income of $145k and spending of $157k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $219k to $145k (-34%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Leadership Council on Aging sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Belmont College Foundation Inc ($145k), Future of Reading ($145k) and National Black Growers Council ($145k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 12% of the total. At year end it held assets of $160k against liabilities of $727, net assets of $159k.