Mahnomen Area Assisted Living Center Inc

Analysis

Mahnomen Area Assisted Living Center Inc is a registered charity in United States, based in Mahnomen, MN. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Mahnomen Area Assisted Living Center Inc reported income of $364k and spending of $604k, spending 166% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $413k to $364k (-12%), an average of -12% a year. Over the whole period it spent 154% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mahnomen Area Assisted Living Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Fatherless Network or Widows and Orphans ($364k), Aging Together Corporation ($364k) and Korean American Senior Citizens Society of Greater N Y Inc ($364k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $1.7m against liabilities of $2.5m, net assets of -$854k.