Springbrook Nature Center Foundation

Analysis

Springbrook Nature Center Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 1974, 52 years ago. 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 December 2023, Springbrook Nature Center Foundation reported income of $86k and spending of $189k, spending 219% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $86k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springbrook Nature Center Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Brookside School Parents Club ($86k), Georgia Youth Science & Technology Center Inc ($86k) and Lake County Extension Foundation ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.