Minnesota Vikings Foundation

Analysis

Minnesota Vikings Foundation is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in March 2017, 9 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 March 2023, Minnesota Vikings Foundation reported income of $1.6m and spending of $476k, leaving 71% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.9m to $1.6m (-12%), an average of -3.2% a year. The sharpest change came in the year to March 2020, when income dropped by 42%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Minnesota Vikings Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Friends of Joshua House Foundation Inc ($1.6m), Jasper Newton Foundation Inc Jasper Foundation Inc ($1.6m) and Caliber Collision Centers Foundation ($1.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $5.1m against liabilities of $308k, net assets of $4.8m.