Caledonia Area Community Charities Inc

Analysis

Caledonia Area Community Charities Inc is a registered charity in United States, based in Caledonia, MN. It received its IRS tax-exemption ruling in December 2001, 25 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, Caledonia Area Community Charities Inc reported income of $71k and spending of $77k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $71k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caledonia Area Community Charities Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Finger Lakes Canners Inc ($71k), Matinecock Masonic Historical Society ($71k) and H O P E America Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 52% of the total. Other salaries and wages came to $11k. At year end it held assets of $666k against liabilities of $0, net assets of $666k. It reported 2 employees.