Central Minnesota Life Care Center Inc

Analysis

Central Minnesota Life Care Center Inc is a registered charity in United States, based in Sauk Centre, MN. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Central Minnesota Life Care Center Inc reported income of $124k and spending of $91k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $124k (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Minnesota Life Care Center Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Peel Dem Layers Back ($124k), Community Health Acupuncture ($124k) and Lancaster County Field of Hope ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $41k. At year end it held assets of $85k against liabilities of $0, net assets of $85k. It reported 5 employees.