Life Mower County

Analysis

Life Mower County is a registered charity in United States, based in Austin, MN. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Life Mower County reported income of $186k and spending of $216k, spending 116% of what it took in. Across the 5 years on record, from March 2020 to December 2023, income grew from $174k to $186k (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Mower County sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Self Help Craft of the World Inc ($186k), Ateaze Senior Center ($186k) and Doyenne Group Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $102k (47% of expenses). At year end it held assets of $151k against liabilities of $23k, net assets of $128k. It reported 3 employees.