Paynesville Community Service Center Inc

Analysis

Paynesville Community Service Center Inc is a registered charity in United States, based in Paynesville, MN. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Paynesville Community Service Center Inc reported income of $118k and spending of $125k, spending 106% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $105k to $118k (+12%), an average of +12% a year. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paynesville Community Service Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Galveston Diaper Bank ($118k), Grand Council Benevolent Fund Inc ($118k) and Albert C Pierre Community Service Center Inc ($118k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $408k against liabilities of $10k, net assets of $398k.