Ita-Bel-Koo Day Activity Center Inc

Analysis

Ita-Bel-Koo Day Activity Center Inc is a registered charity in United States, based in Northome, MN. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ita-Bel-Koo Day Activity Center Inc reported income of $219k and spending of $234k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $227k to $219k (-3.7%), an average of -1.9% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ita-Bel-Koo Day Activity Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Resources of Hope Inc ($219k), Brian Othmer Foundation ($219k) and Arts Foundation for Seniors Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $111k. At year end it held assets of $183k against liabilities of $1,709, net assets of $181k. It reported 13 employees.