Friends of Linden Hill Inc

Analysis

Friends of Linden Hill Inc is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of Linden Hill Inc reported income of $332k and spending of $302k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $332k (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Linden Hill Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Mississippi Metropolitan Ballet ($332k), Ausable Artisan Village ($332k) and Artworks for Milwaukee Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $60k (20% of expenses). Other salaries and wages came to $80k. At year end it held assets of $235k against liabilities of $3,880, net assets of $231k. It reported 13 employees.