Three Links Health Services
Analysis
Three Links Health Services is a registered charity in United States, based in Morris, MN. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Three Links Health Services reported income of $23.9m and spending of $20.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.8m to $23.9m (+35%), an average of +7.7% a year. Over the whole period it spent 95% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Three Links Health Services sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Covenant Living of Golden Valley ($23.9m), Justliving Communities Corp ($23.9m) and Army Retirement Residence Supporting Foundation ($23.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $248k (1.2% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $31.8m against liabilities of $21.3m, net assets of $10.5m. It reported 460 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.6%
- Program services 79%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Covenant Living of Golden Valley | Minneapolis | $23.9m |
| Justliving Communities Corp | Lincoln | $23.9m |
| Army Retirement Residence Supporting Foundation | San Antonio | $23.9m |
| Clark Retirement Community Inc | Grand Rapids | $24.0m |