Alliance of Minnesota Chinese Organizations

Analysis

Alliance of Minnesota Chinese Organizations is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2018, 8 years ago. 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 2023, Alliance of Minnesota Chinese Organizations reported income of $55k and spending of $43k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $55k (+8.0%), an average of +8.0% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alliance of Minnesota Chinese Organizations sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($55k), Amy Beverland Family Association ($55k) and BBMRC Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.