Eden Prairie Community Foundation

Analysis

Eden Prairie Community Foundation is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in March 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eden Prairie Community Foundation reported income of $420k and spending of $343k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $582k to $420k (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2021, when income rose by 150%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eden Prairie Community Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Living-Dying Project ($420k), Minnesota Council for Quality Inc ($420k) and Volunteers of America Inc ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $96k. At year end it held assets of $1.6m against liabilities of $4,165, net assets of $1.6m. It reported 3 employees.