Minnesota Security Consortium

Analysis

Minnesota Security Consortium is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Security Consortium reported income of $88k and spending of $91k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $88k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 101% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Minnesota Security Consortium sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Patrick Rural Fire Department ($88k), Shallow Water Blackout Prevention Inc ($88k) and Krooked Kreek Volunteer Fire Dept ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,206 against liabilities of $0, net assets of $1,206.