Prop Shop of Eden Prairie

Analysis

Prop Shop of Eden Prairie is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in April 2007, 19 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 (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, Prop Shop of Eden Prairie reported income of $2.1m and spending of $2.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.1m (+12%), an average of +2.9% a year. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Prop Shop of Eden Prairie sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include School the World ($2.1m), The Evergreen Foundation ($2.1m) and United Way of Central Illinois Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (3.3% of expenses). Other salaries and wages came to $729k. At year end it held assets of $2.1m against liabilities of $117k, net assets of $2.0m. It reported 16 employees.