Minnesota Dairy Initiative

Analysis

Minnesota Dairy Initiative is a registered charity in United States, based in Waconia, MN. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief.

In the financial year ending June 2024, Minnesota Dairy Initiative reported income of $508k and spending of $553k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $481k to $508k (+5.6%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Dairy Initiative sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Warm Hearts - Warm Babies Inc ($508k), Islamic Foundation of Iowa Inc ($508k) and A Brighter Childhood Foster Family Services Inc ($507k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $309k. At year end it held assets of $202k against liabilities of $0, net assets of $202k. It reported 10 employees.