Coon Rapids Community Scholarship Association

Analysis

Coon Rapids Community Scholarship Association is a registered charity in United States, based in Coon Rapids, MN. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Coon Rapids Community Scholarship Association reported income of $305k and spending of $271k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $305k (+29%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coon Rapids Community Scholarship Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Ecm Foundation ($305k), Community Resources Inc ($305k) and Imam Alkisai Institute of America ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.