Aranda has been banished from the mall in past years, though authorities said the trespassing holds had expired by Friday's incident. He was charged in two previous incidents at the mall in 2015.
Bloomington police Chief Jeffrey Potts described the incident as a "horrific" situation but could not give any updates to the boy's health. The child suffered life-threatening injuries and was taken to an area hospital.
At this point, police do not believe there is a relationship between the family of the child and the suspect, Potts said.
The 5-year-old boy "enjoys soccer, playing with friends and family and playing hockey with his brother and sister", according to the GoFundMe page.
On Friday, April 12, witnesses heard a woman screaming that her child was being thrown off a balcony.
The man arrested for allegedly pushing or throwing a boy from the third floor of the Mall of America in Minnesota had been banned from the mall in the past and once told police he had anger issues, court records show.
Potts said the department will focus on preparing its submission for formal charges at the Hennepin County Attorney's office and anticipates charges will be filed on Monday. We know that this is a concerning event for all of us. The charges state he threw a drinking glass at a customer at Twin City Grill in the Mall of America.
"This was a senseless act and words can not truly express our profound shock and sadness". We have counseling services available for anyone who may need assistance.
Mr Potts went on to explain how Emmanuel Deshawn Aranda has previously been arrested at the Mall of America. He had also swept his hand across a display table at the beauty store Bare Minerals, breaking lip gloss containers and shot glasses, police said. "Bloomington Police is investigating the incident", it said.
The complaint says Aranda approached a woman who was waiting for the restaurant to open and asked her to buy him something.
Then in October 2015, Aranda returned to the Mall of America again - in violation of his no-trespass order - and harassed and assaulted a woman inside a restaurant there, records show.