Le Sueur County Pioneer Power Association

Analysis

Le Sueur County Pioneer Power Association is a registered charity in United States, based in Le Sueur, MN. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Le Sueur County Pioneer Power Association reported income of $282k and spending of $233k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $282k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 738%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Le Sueur County Pioneer Power Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Waynesboro Symphony Orchestra Inc ($282k), Rising Star Theatre Company ($282k) and Minnesota Council of Teachers of Mathematics ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 78% of the total. At year end it held assets of $1.0m against liabilities of $59k, net assets of $969k.