Run Minnesota

Analysis

Run Minnesota is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Run Minnesota reported income of $399k and spending of $340k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $399k (+207%), an average of +207% a year. The sharpest change came in the year to December 2023, when income rose by 207%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Run Minnesota sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include My Fathers Plan Inc ($399k), Purpose of Life Foundation ($400k) and Lightning Youth Athletics Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $49k (14% of expenses). Other salaries and wages came to $45k. At year end it held assets of $73k against liabilities of $5,860, net assets of $67k. It reported 5 employees.