L2815 Boundary Waters Care Center

Analysis

L2815 Boundary Waters Care Center is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, L2815 Boundary Waters Care Center reported income of $4.7m and spending of $5.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.7m (+29%), an average of +6.6% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, L2815 Boundary Waters Care Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include De Baca Family Practice Clinic ($4.7m), Copper Shores Community Health Foundation ($4.7m) and Sonoran Prevention Works ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $2.0m against liabilities of $1.6m, net assets of $452k. It reported 79 employees.