Minnesota State High School League Foundation

Analysis

Minnesota State High School League Foundation is a registered charity in United States, based in Brooklyn Ctr, MN. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 July 2023, Minnesota State High School League Foundation reported income of $1.1m and spending of $998k, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $942k to $1.1m (+14%), an average of +3.2% a year. The sharpest change came in the year to July 2022, when income rose by 262%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Minnesota State High School League Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Tygart Valley United Way Inc ($1.1m), Huron County Community Foundation ($1.1m) and Friends of the Pittsburgh Fisher House Inc ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3,600 (0.4% of expenses). Other salaries and wages came to $2,630. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 3 employees.