Minnesota Neonatal Foundation

Analysis

Minnesota Neonatal Foundation is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in April 2017, 9 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 Neonatal Foundation reported income of $51k and spending of $49k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $50k to $51k (+2.3%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 328%. Over the whole period it spent 136% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minnesota Neonatal Foundation sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include The Association of Indian Neurologists in America ($51k), Denver Pet Partners ($51k) and Keepsmilin4abbie Foundation ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.