Wallin Education Partners

Analysis

Wallin Education Partners is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 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, Wallin Education Partners reported income of $14.3m and spending of $9.0m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.3m to $14.3m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wallin Education Partners sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Queens Grant Community School Inc ($14.3m), School of Excellence in Education ($14.3m) and Arizona State University Research Park Inc ($14.2m).

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 $451k (5.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $31.3m against liabilities of $623k, net assets of $30.7m. It reported 55 employees.