Tonka Recreation Association
Analysis
Tonka Recreation Association is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in January 1988, 38 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 August 2024, Tonka Recreation Association reported income of $183k and spending of $171k, spending 94% of its income. Across the 6 years on record, from August 2019 to August 2024, income fell from $277k to $183k (-34%), an average of -8.0% a year. The sharpest change came in the year to August 2020, when income dropped by 61%. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tonka Recreation Association sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($183k), Jefferson Historical Society & Museum ($183k) and Highway Geology Symposium ($183k).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 44% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $16k (9.3% of expenses). At year end it held assets of $194k against liabilities of $0, net assets of $194k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 52%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Little League Baseball Inc | North Haven | $183k |
| Jefferson Historical Society & Museum | Jefferson | $183k |
| Highway Geology Symposium | Hillsborough | $183k |
| Isabelle Hunt Memorial Public Library Inc | Pine | $183k |