Kasson-Mantorville Nursery Group Inc

Analysis

Kasson-Mantorville Nursery Group Inc is a registered charity in United States, based in Kasson, MN. It received its IRS tax-exemption ruling in November 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Kasson-Mantorville Nursery Group Inc reported income of $972k and spending of $974k, spending 100% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $898k to $972k (+8.2%), an average of +1.6% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kasson-Mantorville Nursery Group Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Columbus Area Chamber Foundation Inc ($971k), Steamfitters U a Local 353 Educational Trust Fund ($972k) and Sprout Family Services ($971k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Other salaries and wages came to $644k. At year end it held assets of $385k against liabilities of $80k, net assets of $304k. It reported 34 employees.