Northern Lights Building Company

Analysis

Northern Lights Building Company is a registered charity in United States, based in Warba, MN. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northern Lights Building Company reported income of $176k and spending of $121k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $169k to $176k (+4.7%), an average of +1.1% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern Lights Building Company sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include 24hourdallas ($176k), Magic Valley Youth Services Inc ($176k) and Crossroads Outreach Center Inc ($176k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $1.4m against liabilities of $150k, net assets of $1.3m.