Lakes & Prairies Community Action Partnership Inc

Analysis

Lakes & Prairies Community Action Partnership Inc is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in September 1966, 60 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 February 2024, Lakes & Prairies Community Action Partnership Inc reported income of $12.8m and spending of $12.6m, spending 99% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $9.3m to $12.8m (+37%), an average of +8.3% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakes & Prairies Community Action Partnership Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Eggleston Youth Centers Inc ($12.8m), Community Action Opportunities ($12.8m) and Green Hill Inc ($12.8m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $302k (2.4% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $6.7m against liabilities of $4.6m, net assets of $2.1m. It reported 140 employees.