Winona State University Foundation

Analysis

Winona State University Foundation is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in February 1971, 55 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, Winona State University Foundation reported income of $6.5m and spending of $4.2m, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $11.8m to $6.5m (-45%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winona State University Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Glencoe Education Foundation Inc ($6.5m), Intercultural Montessori Foreign Language Immersion School ($6.5m) and HTH Learning ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 13% of the total. At year end it held assets of $79.7m against liabilities of $11.2m, net assets of $68.5m.