District 196 Foundation Incorporated

Analysis

District 196 Foundation Incorporated is a registered charity in United States, based in Rosemount, MN. It received its IRS tax-exemption ruling in October 2010, 16 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 2024, District 196 Foundation Incorporated reported income of $67k and spending of $38k, leaving 43% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $85k to $67k (-21%), an average of -4.7% a year. The sharpest change came in the year to June 2024, when income dropped by 58%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, District 196 Foundation Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Elizabeths Library ($67k), Sayre Elementary Family Council PTO ($67k) and Woodville School PTO ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $360k against liabilities of $145k, net assets of $215k.