Multi-State Lottery Association

Analysis

Multi-State Lottery Association is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Multi-State Lottery Association reported income of $30.9m and spending of $6.4m, leaving 79% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.5m to $30.9m (+311%), an average of +60% a year. The sharpest change came in the year to June 2023, when income rose by 799%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Multi-State Lottery Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Spectrum Healthcare Group Inc ($30.9m), Hancock Physician Network LLC ($30.9m) and Resthaven ($30.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 14% of the total. Compensation of current officers, directors and key employees was $355k (5.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $857.2m against liabilities of $822.5m, net assets of $34.7m. It reported 30 employees.