Link of Northern Kandiyohi County

Analysis

Link of Northern Kandiyohi County is a registered charity in United States, based in New London, MN. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Link of Northern Kandiyohi County reported income of $425k and spending of $358k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $425k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Link of Northern Kandiyohi County sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Civic Development Corporation of Ashtabula ($425k), Military Charity Organization ($425k) and United Way of Milford Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Other salaries and wages came to $138k. At year end it held assets of $809k against liabilities of $203k, net assets of $606k. It reported 6 employees.