Eyota Kids Korner

Analysis

Eyota Kids Korner is a registered charity in United States, based in Eyota, MN. It received its IRS tax-exemption ruling in March 1994, 32 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 August 2024, Eyota Kids Korner reported income of $760k and spending of $747k, spending 98% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $590k to $760k (+29%), an average of +6.5% a year. The sharpest change came in the year to August 2022, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eyota Kids Korner sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Courage International Inc ($760k), Alliance Fire and Rescue Services Inc ($760k) and Arbor Hill Development Corporation ($760k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $109k (15% of expenses). Other salaries and wages came to $378k. It paid $8,356 in professional fundraising fees. At year end it held assets of $254k against liabilities of $27k, net assets of $227k. It reported 38 employees.