Koochiching Health Services

Analysis

Koochiching Health Services is a registered charity in United States, based in Littlefork, MN. It received its IRS tax-exemption ruling in May 2016, 10 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, Koochiching Health Services reported income of $4.7m and spending of $4.8m, spending 102% of its income. Across the 6 years on record, from June 2019 to September 2023, income grew from $4.1m to $4.7m (+14%), an average of +2.6% a year. The sharpest change came in the year to September 2020, when income rose by 341%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Koochiching Health Services sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Opal Community Land Trust ($4.7m), Friends of the North Country Inc ($4.7m) and Episcopal Apartments of the Slate Belt Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $2.7m against liabilities of $1.1m, net assets of $1.6m. It reported 92 employees.