Modcon Living

Analysis

Modcon Living is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1991, 35 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 December 2023, Modcon Living reported income of $998k and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $783k to $998k (+27%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Modcon Living sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Larger Than Life USA Inc ($998k), The Community School of Park Cities ($999k) and Foster Adoptive Family Resource & Support Center ($998k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $88k (7.9% of expenses). Other salaries and wages came to $386k. At year end it held assets of $958k against liabilities of $896k, net assets of $61k. It reported 16 employees.