Learning Funhouse Inc

Analysis

Learning Funhouse Inc is a registered charity in United States, based in Bird Island, MN. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Learning Funhouse Inc reported income of $482k and spending of $459k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $335k to $482k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Learning Funhouse Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include The Cancer Challenge ($481k), Presidents Athletic Conference ($482k) and Rescue Her Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $45k (9.7% of expenses). Other salaries and wages came to $268k. At year end it held assets of $147k against liabilities of $78k, net assets of $70k. It reported 24 employees.