Metropolitan State University Foundation

Analysis

Metropolitan State University Foundation is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Metropolitan State University Foundation reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $777k to $1.3m (+71%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 110%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Metropolitan State University Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Metropolitan Schoolhouse Chicago ($1.3m), Ibuildcentralflorida Inc ($1.3m) and Benjamin Harrison Presidential Site Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $12.0m against liabilities of $30k, net assets of $12.0m.