Go Corps

Analysis

Go Corps is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2011, 15 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, Go Corps reported income of $820k and spending of $736k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $572k to $820k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Go Corps sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Harrisburg Area Learning Academy Inc ($820k), Guajome Learning Centers ($820k) and Flint Electrical Joint Apprenticeship Training Committee ($820k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $103k (14% of expenses). Other salaries and wages came to $386k. At year end it held assets of $657k against liabilities of $6,399, net assets of $650k. It reported 14 employees.