Treasures in Town Inc

Analysis

Treasures in Town Inc is a registered charity in United States, based in Le Sueur, MN. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Treasures in Town Inc reported income of $93k and spending of $75k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $93k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Treasures in Town Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Feed the Crave Ministries Inc ($93k), Center for Counseling and Pastoral Care ($93k) and Engage Atlanta Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $95k against liabilities of $3,714, net assets of $91k.