Little Falls Health Services

Analysis

Little Falls Health Services is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Little Falls Health Services reported income of $8.4m and spending of $9.6m, spending 114% of what it took in. Across the 6 years on record, from June 2019 to September 2023, income grew from $5.8m to $8.4m (+43%), an average of +7.5% a year. The sharpest change came in the year to September 2020, when income rose by 352%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Little Falls Health Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Eden Investments Inc ($8.4m), Catholic Charities Progress of Development Corporation ($8.4m) and Encino Gardens Inc ($8.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $18.0m against liabilities of $23.1m, net assets of -$5.0m. It reported 175 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.