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The Link

RegisteredEIN 41-1920649Minneapolis, MNPoverty relief
Income$13.5m2023-12
Spending$15.2msame year
Spent / received98%5-year average
Size in its cause95th pctPoverty relief
Exempt since1999Publicly supported organisat
Employees299latest return

Analysis

The Link is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Link reported income of $13.5m and spending of $15.2m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.9m to $13.5m (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Link sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include The Arc of the United States ($13.5m), Berkeley Citizens Inc ($13.5m) and Hospice of Hope Inc ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $310k (2.0% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $4.6m against liabilities of $1.3m, net assets of $3.3m. It reported 299 employees.

Income and spending

$0$3.8m$7.6m$11.4m$15.2m2019 Income: $8,923,6392019 Spending: $8,397,53420192020 Income: $11,480,7172020 Spending: $10,832,78720202021 Income: $13,474,2752021 Spending: $11,083,36620212022 Income: $11,824,4562022 Spending: $12,235,74620222023 Income: $13,464,2222023 Spending: $15,217,8742023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
The Arc of the United StatesWashington$13.5m
Berkeley Citizens IncMoncks Corner$13.5m
Hospice of Hope IncMaysville$13.5m
Family PathwaysNorth Branch$13.5m