Heartland Industries of Dawson Inc

Analysis

Heartland Industries of Dawson Inc is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heartland Industries of Dawson Inc reported income of $6.2m and spending of $4.9m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $6.2m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartland Industries of Dawson Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Vail Valley Cares Inc ($6.2m), Earn to Learn ($6.2m) and Wisconsin Alliance for Infant Mental Health Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $392k (8.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $9.4m against liabilities of $561k, net assets of $8.9m. It reported 319 employees.