Minnesota Spay & Neuter Assistance Program Professional Corporation
Analysis
Minnesota Spay & Neuter Assistance Program Professional Corporation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 June 2023, Minnesota Spay & Neuter Assistance Program Professional Corporation reported income of $2.0m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.0m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 98% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Minnesota Spay & Neuter Assistance Program Professional Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include The Kindness Ranch Animal Sanctuary ($2.0m), Florida Poodle Rescue Inc ($2.0m) and Dallas Pets Alive ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $262k (12% of expenses). Other salaries and wages came to $942k. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $593k. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 65%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Kindness Ranch Animal Sanctuary | Hartville | $2.0m |
| Florida Poodle Rescue Inc | St Petersburg | $2.0m |
| Dallas Pets Alive | Dallas | $1.9m |
| A New Leash on Life | Huntsville | $2.0m |