ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED

VIRGINIA, MN, 55792 (218) 749-2912 Est. 1965 EIN 41-6052144

990 - Public charity return 501(c)(3)

Mission

Arrowhead Economic Opportunity Agency (AEOA) strengthens communities by providing opportunities for people experiencing social and economic challenges.

Financials

Total Revenue

$52,476,677

Total Expenses

$51,094,373

Net Assets

$28,528,944

604 employees 1,800 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

6.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 5.2%

Expenses ↑ 8.3%

Revenue Sources

Contributions 78.5% Earned revenue 21.5%

Expense Breakdown

Program 81.5% Management 18.5%

Officers & Key Employees (40)

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Grants Received (137)

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Filing History (8 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$52,476,677 ↑	$51,094,373	$28,528,944
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$49,872,927 ↑	$47,162,572	$27,221,220
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$47,080,713 ↑	$43,144,453	$24,203,593
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$39,136,123 ↑	$38,548,926	$20,267,333
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$34,969,254 ↑	$35,498,982	$19,680,136
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$34,301,349 ↓	$35,015,714	$20,263,727
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$37,184,897	$35,354,623	$19,860,858
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$37,184,897	$35,354,623	$19,860,858