Mintos Abc Daycare

Analysis

Mintos Abc Daycare is a registered charity in United States, based in Minto, ND. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mintos Abc Daycare reported income of $187k and spending of $176k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $209k to $187k (-10%), an average of -10% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mintos Abc Daycare sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ND. Charities of a similar size with the same main cause include Tipton Cares ($187k), Mount Washington Valley Supports Recovery Coalition ($187k) and Hands of Faith Ministries Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $76k against liabilities of $5,301, net assets of $70k.