Menno Olivet Care Center Inc

Analysis

Menno Olivet Care Center Inc is a registered charity in United States, based in Menno, SD. It received its IRS tax-exemption ruling in July 1972, 54 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, Menno Olivet Care Center Inc reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.0m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Menno Olivet Care Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within SD. Charities of a similar size with the same main cause include Chugiak Senior Citizens Inc ($3.0m), Lange Foundation ($3.0m) and Seamark Ranch Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $82k (2.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.2m against liabilities of $311k, net assets of $1.9m. It reported 80 employees.