North Point

Analysis

North Point is a registered charity in United States, based in Grand Marais, MN. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, North Point reported income of $281k and spending of $198k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $256k to $281k (+9.8%), an average of +4.8% a year. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, North Point 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 61st percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Philip Renner Ministries Inc ($281k), Northwest Network Foundation ($281k) and Kesher Project NFP ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $111k (56% of expenses). At year end it held assets of $611k against liabilities of $245k, net assets of $366k. It reported 2 employees.