Lind House Association Inc

Analysis

Lind House Association Inc is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in January 1984, 42 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 August 2023, Lind House Association Inc reported income of $66k and spending of $41k, leaving 37% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $39k to $66k (+70%), an average of +70% a year. The sharpest change came in the year to August 2023, when income rose by 70%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lind House Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Ramsey Soccer Association Inc ($66k), Centurion Alumni Foundation of University City High School ($66k) and Pennington County Historical Society Incorporated ($66k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 87% and program service revenue 5.8% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.