Minnesota · Public charity
Welstores of Minnesota Inc
To support other tax exempt organizations by raising funds through a thrift store.
- $149k
- Granted FY2024(still arriving)
- 3
- Grants FY2024
- 3
- Organizations funded FY2023
- 0%
- First-time grantees FY2023
- Median grant, FY2024
- $29,267
- Largest grant, FY2024
- $110,601
- Organizations funded a year
- 3 to 3
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $326k
How open it is to new grantees
In FY2023, 0% of the organizations Welstores of Minnesota Inc funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 3 | $149k | 0% |
| FY2023 | 3 | $144k | 0% |
| FY2022 | 3 | $189k | 0% |
| FY2021 | 3 | $264k | 0% |
| FY2020 | 3 | $170k | 0% |
| FY2019 | 3 | $281k | 0% |
| FY2018 | 3 | $256k | 0% |
| FY2017 | 3 | $214k | n/a |
100% classified
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Education$1.3MPhilanthropy$282kReligion$121k
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| West Lutheran High School | $1,264,186 | 8 | n/a |
| Lutheran Instnl Ministry Assn | $282,423 | 8 | n/a |
| Christian Life Ministries | $120,584 | 8 | 2% |
About Welstores of Minnesota Inc
- How much does Welstores of Minnesota Inc give?
- Welstores of Minnesota Inc reported 3 grants totaling $149,286 in its FY2024 IRS filing. It funded between 3 and 3 organizations a year over FY2017 to FY2023.
- What does Welstores of Minnesota Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Education (76%), Philanthropy (17%), Religion (7%).
- Who are Welstores of Minnesota Inc's largest grantees?
- By total granted over FY2017 to FY2024: West Lutheran High School ($1.3M), Lutheran Instnl Ministry Assn ($282k), Christian Life Ministries ($121k).
- Does Welstores of Minnesota Inc fund new organizations?
- In FY2023, 0% of the organizations it funded were first-time grantees.
- Where is Welstores of Minnesota Inc based?
- Welstores of Minnesota Inc is based in MN.
Play a game based on Welstores of Minnesota’s filings →
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The endowment market
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By state
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