Tasks Unlimited Inc

Analysis

Tasks Unlimited Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, 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, Tasks Unlimited Inc reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $941k to $1.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tasks Unlimited Inc 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 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Colorado School Medicaid Consortium Inc ($1.3m), Gulfcoast North Area Health Education Center Inc ($1.3m) and Staten Island Partnership for Community Wellness Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $753k. At year end it held assets of $854k against liabilities of $2.0m, net assets of -$1.2m.