Minnesota Online High School

Analysis

Minnesota Online High School is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Minnesota Online High School reported income of $3.2m and spending of $2.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Online High School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include York Academy Foundation ($3.2m), Crestwell Higher Learning School Inc ($3.2m) and Circles of Success Learning Academy ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $375k (13% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.9m against liabilities of $3.0m, net assets of -$78k. It reported 46 employees.