Litchfield Area Mentorship Program-Kinship

Analysis

Litchfield Area Mentorship Program-Kinship is a registered charity in United States, based in Litchfield, MN. It received its IRS tax-exemption ruling in February 2008, 18 years ago. 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 December 2023, Litchfield Area Mentorship Program-Kinship reported income of $64k and spending of $69k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $64k (+5.0%), an average of +5.0% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Litchfield Area Mentorship Program-Kinship sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include International Order of the Rainbow Girls ($64k), Virginia Congress of Parents and Teachers ($64k) and Walnut Station Booster Club ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $73k against liabilities of $667, net assets of $73k.