Rochester - Olmsted County Law Enforcement Memorial Association I

Analysis

Rochester - Olmsted County Law Enforcement Memorial Association I is a registered charity in United States, based in Stewartville, MN. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rochester - Olmsted County Law Enforcement Memorial Association I reported income of $170k and spending of $140k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $170k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rochester - Olmsted County Law Enforcement Memorial Association I sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Clarion Performing Arts Center ($170k), Danseetoile Ballet ($170k) and Houston Salsa Dancers ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.