Little Canada Recreation Association Inc

Analysis

Little Canada Recreation Association Inc is a registered charity in United States, based in Little Canada, MN. It received its IRS tax-exemption ruling in August 1986, 40 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, Little Canada Recreation Association Inc reported income of $238k and spending of $172k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $212k to $238k (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 242%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Canada Recreation Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Intergroup Association Inc 115 Studio Building ($238k), T L C Broadcasting Corporation ($238k) and Stillwater Life Services Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. Compensation of current officers, directors and key employees was $8,800 (5.1% of expenses). At year end it held assets of $846k against liabilities of $29k, net assets of $818k. It reported 37 employees.