Northstar Public Schools

Analysis

Northstar Public Schools is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northstar Public Schools reported income of $12.1m and spending of $11.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $12.1m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northstar Public Schools sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Aveson ($12.1m), Academy of Accelerated Learning Inc ($12.1m) and North American University ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $315k (2.8% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $8.5m against liabilities of $10.9m, net assets of -$2.5m. It reported 183 employees.