The Landing MN Inc

Analysis

The Landing MN Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, 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, The Landing MN Inc reported income of $1.5m and spending of $1.0m, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $426k to $1.5m (+256%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Landing MN Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Community Habilitation Services Incorporated ($1.5m), The Latino Community Association ($1.5m) and JCCF Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $608k. At year end it held assets of $3.7m against liabilities of $1.6m, net assets of $2.1m. It reported 37 employees.