OPEN ARMS OF MINNESOTA INC

MINNEAPOLIS, MN, 55404-3920 (612) 872-1152 Est. 1986 EIN 41-1681317

P80Z— Human Services Form 990 501(c)(3)

Mission

BY PROVIDING FOOD AS MEDICINE, WE NOURISH OUR CLIENTS AND BUILD COMMUNITY

Total Revenue

$10,348,930

Total Expenses

$12,732,117

Net Assets

$6,407,104

131 employees 6,392 volunteers

From latest filing (tax period ending 2024-06-30)

Operating Reserve

6.0 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 29.6%

Expenses ↓ 4.5%

Revenue Sources

Contributions 73.9% Earned revenue 26.0%

Expense Breakdown

Program 84.8% Management 4.5% Fundraising 10.7%

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Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$10,348,930 ↓	$12,732,117	$6,407,104
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$14,704,994 ↑	$13,331,836	$8,790,291
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$10,462,529 ↑	$9,593,832	$7,417,133
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$9,202,815 ↑	$7,538,616	$6,548,436
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$6,789,063 ↑	$5,118,473	$6,220,072
2018 Form 990 Jan 1, 2018 to Dec 31, 2018	$4,292,990	$4,470,624	$4,592,102