Options for Women Mankato

Analysis

Options for Women Mankato is a registered charity in United States, based in North Mankato, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Options for Women Mankato reported income of $520k and spending of $394k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $520k (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Options for Women Mankato sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Canyon Club Inc ($520k), Haven of Peace ($520k) and Future Farmers of America State Associations & Local Chapter ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $244k (62% of expenses). At year end it held assets of $855k against liabilities of $0, net assets of $855k. It reported 9 employees.