Niibi Center

Analysis

Niibi Center is a registered charity in United States, based in Callaway, MN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. 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, Niibi Center reported income of $313k and spending of $404k, spending 129% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $295k to $313k (+6.2%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Niibi Center 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 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Community Nursery School Inc ($313k), Friends of Short Avenue ($313k) and Cambridge-Guernsey Community ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (17% of expenses). Other salaries and wages came to $47k. At year end it held assets of $340k against liabilities of $2,232, net assets of $338k. It reported 2 employees.