Eagan Athletic Association

Analysis

Eagan Athletic Association is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in January 1974, 52 years ago. 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, Eagan Athletic Association reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.6m (-33%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eagan Athletic Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Lewis H Latimer Fund Inc ($1.6m), Cita Inc ($1.6m) and Wisconsin Policy Forum Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $30k (2.0% of expenses). At year end it held assets of $1.2m against liabilities of $227k, net assets of $995k.