Kinship of Morrison County Inc

Analysis

Kinship of Morrison County Inc is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in April 1978, 48 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 December 2023, Kinship of Morrison County Inc reported income of $95k and spending of $88k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $95k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2020, when income rose by 16%. 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, Kinship of Morrison County Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Advent Home Care Alliance Inc ($95k), Tehama County Arts Council ($95k) and PTA California Congress of Parents Teachers & Students Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $56k (63% of expenses). Other salaries and wages came to $1,636. At year end it held assets of $52k against liabilities of $478, net assets of $52k. It reported 2 employees.