Aurora Waasakone Community of Learners

Analysis

Aurora Waasakone Community of Learners is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in February 2019, 7 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, Aurora Waasakone Community of Learners reported income of $2.1m and spending of $2.4m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $108k to $2.1m (+1852%), an average of +110% a year. The sharpest change came in the year to June 2020, when income rose by 995%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aurora Waasakone Community of Learners sits at the 83rd percentile: it is larger than about 82% 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 Roots Montessori School ($2.1m), Granite Bay Montessori ($2.1m) and All Saints Cathedral School ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $279k (11% of expenses). Other salaries and wages came to $986k. At year end it held assets of $4.6m against liabilities of $4.9m, net assets of -$322k. It reported 52 employees.