Living Well Disability Services

Analysis

Living Well Disability Services is a registered charity in United States, based in Mendota HTS, MN. It received its IRS tax-exemption ruling in July 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living Well Disability Services reported income of $30.8m and spending of $29.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.6m to $30.8m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Well Disability Services sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include The Learning Center for the Deaf Inc ($30.8m), Logan Community Resources Inc ($30.8m) and RVC Insurance Company Inc ($30.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $653k (2.3% of expenses). Other salaries and wages came to $16.6m. At year end it held assets of $23.9m against liabilities of $2.8m, net assets of $21.1m. It reported 605 employees.