Discovery Woods

Analysis

Discovery Woods is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Discovery Woods reported income of $1.7m and spending of $1.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery Woods sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Life Included ($1.7m), Minnesota School-Based Health Alliance ($1.7m) and Christian Education Society of Mebane Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $168k (11% of expenses). Other salaries and wages came to $666k. At year end it held assets of $2.2m against liabilities of $1.8m, net assets of $428k. It reported 49 employees.