Mower County Seniors Inc

Analysis

Mower County Seniors Inc is a registered charity in United States, based in Austin, MN. It received its IRS tax-exemption ruling in October 1975, 51 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 December 2023, Mower County Seniors Inc reported income of $965k and spending of $790k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $812k to $965k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mower County Seniors Inc sits at the 74th percentile: it is larger than about 74% 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 Oregon Ffa Foundation ($965k), Future Harvest Inc ($965k) and Tanner Community Development Corporation ($965k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $68k (8.6% of expenses). Other salaries and wages came to $287k. At year end it held assets of $1.1m against liabilities of $54k, net assets of $1.0m. It reported 15 employees.