Alliance for a Better Minnesotaeducation Fund

Analysis

Alliance for a Better Minnesotaeducation Fund is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Alliance for a Better Minnesotaeducation Fund reported income of $401k and spending of $334k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $401k (+95%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alliance for a Better Minnesotaeducation Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include St Clair Foundation ($401k), Indianola United Methodist Camp ($401k) and Big Brothers-Big Sisters Agency of Santa Cruz County Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $205k against liabilities of $122k, net assets of $83k.