World Learner School of Chaska

Analysis

World Learner School of Chaska is a registered charity in United States, based in Chaska, MN. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, World Learner School of Chaska reported income of $2.9m and spending of $2.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.9m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, World Learner School of Chaska sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Oaklake Community Housing Development Corporation ($2.9m), Hfho Real Estate Holdings Inc ($2.9m) and Residences at Sherburne Commons Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $347k (13% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $2.0m, net assets of -$183k. It reported 57 employees.