Multi-County Builders

Analysis

Multi-County Builders is a registered charity in United States, based in Wabasha, MN. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Multi-County Builders reported income of $653k and spending of $688k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $653k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Multi-County Builders sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Johnny B Moore Towers Inc ($653k), A Malcolm Housing Development Fund Corporation ($653k) and Luther Village I of Dover Inc ($653k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 82% of the total. Other salaries and wages came to $59k. At year end it held assets of $2.9m against liabilities of $2.1m, net assets of $821k.