Lakes and Pines Community Action Council Inc

Analysis

Lakes and Pines Community Action Council Inc is a registered charity in United States, based in Mora, MN. It received its IRS tax-exemption ruling in February 1966, 60 years ago. 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 September 2023, Lakes and Pines Community Action Council Inc reported income of $11.0m and spending of $11.1m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.5m to $11.0m (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakes and Pines Community Action Council Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Area Agency on Aging of West Centra Arkansas Inc ($11.0m), Mackinac Center ($11.0m) and America250 Org Inc ($11.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $152k (1.4% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $3.9m against liabilities of $1.6m, net assets of $2.3m. It reported 150 employees.