Charity Search / INTER CITY OIL FOUNDATION
Housing & Shelter (L80Z) 990 on File

INTER CITY OIL FOUNDATION

EIN: 41-1817691 · DULUTH, MN 55803-3048 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$212K
Total Revenue
$21K
Total Expenses
$424K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.8%
Fundraising Efficiency N/A
Operating Reserve 248.19x
Liability-to-Asset 0.0%
Revenue Diversification 95.1%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 2,316 similar organizations (United States, Housing & Shelter, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.8% 84.3%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
248.2 mo 35.8 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 3.2%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
95.1% 99.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
3195.7% 1.3%
P10P90
Expense growth
Year over year expense growth
52.1% -1.8%
P10P90
Surplus margin
Surplus as a share of revenue
90.3% 9.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $212K $21K $424K 87.8%
2023 $6K $13K $221K 82.0%
2022 $-1,825 $10K $214K 60.0%
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Organization Details
EIN
41-1817691
State
MN
City
DULUTH
ZIP
55803-3048
Classification
L80Z
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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