Council of Contributors Inc

Analysis

Council of Contributors Inc is a registered charity in United States, based in Wayzata, MN. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Council of Contributors Inc reported income of $1.2m and spending of $901k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $228k to $1.2m (+415%), an average of +415% a year. The sharpest change came in the year to December 2023, when income rose by 415%. Over the whole period it spent 79% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Council of Contributors Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Safe Hands Animal Rescue ($1.2m), Lifestock ($1.2m) and Hill Country Humane Society ($1.2m).

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 $44k (4.9% of expenses). At year end it held assets of $393k against liabilities of $522, net assets of $392k. It reported 2 employees.