Minnesota Interfaith Coalition on Immigration Icom

Analysis

Minnesota Interfaith Coalition on Immigration Icom is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Minnesota Interfaith Coalition on Immigration Icom reported income of $108k and spending of $102k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $73k to $108k (+47%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Interfaith Coalition on Immigration Icom sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Asset Building Coalition of Forsyth County ($108k), Mini-Cassia Christmas Council Inc ($108k) and Legacy Give Foundation ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $14k, net assets of $64k.