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 $2.3m and spending of $2.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 106% 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 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include American Religious Town Hall Meeting Incorporated ($2.3m), Imerman Angels ($2.3m) and Princeton First Aid and Rescue Squad Inc ($2.3m).

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 $1.6m. At year end it held assets of $828k against liabilities of $2.1m, net assets of -$1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.