Lind Bohanon Neighborhood Association

Analysis

Lind Bohanon Neighborhood Association is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Lind Bohanon Neighborhood Association reported income of $59k and spending of $58k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,076 to $59k (+1805%), an average of +1805% a year. The sharpest change came in the year to December 2023, when income rose by 1805%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lind Bohanon Neighborhood Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Grainfield Community Development Committee ($59k), Appa-Association of Higher Education Facilities Officers ($59k) and Community Credit Counseling Corporation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,806 against liabilities of $0, net assets of $8,806.