Minnesota Girls Academy

Analysis

Minnesota Girls Academy is a registered charity in United States, based in Bricelyn, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Minnesota Girls Academy reported income of $598k and spending of $947k, spending 158% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $821k to $598k (-27%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Girls Academy sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Twaw Shooting Chapters Inc ($598k), Ancona Montessory School Inc -Wynnewood ($598k) and Orthodontic Education and Research Foundation ($598k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $540k. At year end it held assets of $258k against liabilities of $607k, net assets of -$349k.