Akeley Regional Community Center Inc

Analysis

Akeley Regional Community Center Inc is a registered charity in United States, based in Akeley, MN. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Akeley Regional Community Center Inc reported income of $455k and spending of $506k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $264k to $455k (+72%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Akeley Regional Community Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Hireground ($455k), Team Kids Inc ($455k) and Orange County Leadership Conference ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $67k (13% of expenses). Other salaries and wages came to $213k. It paid $436 in professional fundraising fees. At year end it held assets of $521k against liabilities of $3,016, net assets of $518k. It reported 21 employees.