Mission Farm Nursing Home Inc

Analysis

Mission Farm Nursing Home Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Mission Farm Nursing Home Inc reported income of $8.3m and spending of $8.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $8.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mission Farm Nursing Home Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Medic Alert Foundation United States Inc ($8.2m), Eden Housing Resident Services Inc ($8.3m) and Saint John Xxiii Home ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $5.0m against liabilities of $1.4m, net assets of $3.7m. It reported 98 employees.