Minnesota Football Coaches Association

Analysis

Minnesota Football Coaches Association is a registered charity in United States, based in Victoria, MN. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Minnesota Football Coaches Association reported income of $252k and spending of $276k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $252k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Football Coaches Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Canton Christian Academy of Ne Texas ($252k), Youth Mentoring Initiative Inc ($252k) and Sequoia Parent Teacher Organization ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (23% of expenses). Other salaries and wages came to $6,000. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.