Duluth Regional Care Center Inc

Analysis

Duluth Regional Care Center Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in April 1971, 55 years ago. 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, Duluth Regional Care Center Inc reported income of $21.1m and spending of $21.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $21.1m (+0.0%), an average of +0.0% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duluth Regional Care Center Inc 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 97th percentile within MN. Charities of a similar size with the same main cause include United Way of Dane County Inc ($21.1m), Southeast Kansas Independent Living Inc ($21.2m) and Desertarc ($21.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $303k (1.4% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $16.0m against liabilities of $6.2m, net assets of $9.8m. It reported 561 employees.