Eagan Foundation Incorporated

Analysis

Eagan Foundation Incorporated is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in June 1992, 34 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, Eagan Foundation Incorporated reported income of $255k and spending of $225k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $275k to $255k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eagan Foundation Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include North Carolina Safety Conference Inc ($255k), Urban Coders Guild Inc ($255k) and Nevada Vision Foundation ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $42k (19% of expenses). At year end it held assets of $256k against liabilities of $21k, net assets of $235k.