Minnesota Guild of Public Charter Schools

Analysis

Minnesota Guild of Public Charter Schools is a registered charity in United States, based in Minneapolis, 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, Minnesota Guild of Public Charter Schools reported income of $277k and spending of $301k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $260k to $277k (+6.6%), an average of +1.6% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Guild of Public Charter Schools sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Trojan Learning Center Inc ($277k), Nino de LA Caridad Inc ($277k) and Puget Sound Christian School ($277k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $97k (32% of expenses). Other salaries and wages came to $41k. At year end it held assets of $150k against liabilities of $3,422, net assets of $147k. It reported 3 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.