Minstrel Foundation

Analysis

Minstrel Foundation is a registered charity in United States, based in Baldwin Park, CA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, Minstrel Foundation reported income of $210k and spending of $199k, spending 95% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $114k to $210k (+84%), an average of +84% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Minstrel Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Slavic Pentecostal Missionary Church Golgotha ($210k), Rethink315 ($210k) and SVDP Thrift Store Indiana Pa ($210k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 74% of the total. Other salaries and wages came to $102k. It paid $751 in professional fundraising fees. At year end it held assets of $48k against liabilities of $22k, net assets of $26k.