Friends of Sax-Zim Bog

Analysis

Friends of Sax-Zim Bog is a registered charity in United States, based in Wrenshall, MN. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Friends of Sax-Zim Bog reported income of $620k and spending of $363k, leaving 41% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $257k to $620k (+141%), an average of +25% a year. The sharpest change came in the year to March 2021, when income rose by 115%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Sax-Zim Bog sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Rainy River Community College Foundation ($620k), Beaverton Education Foundation ($620k) and Cottonwood Day School ($620k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 90% and program service revenue 3.6% of the total. Other salaries and wages came to $214k. At year end it held assets of $2.5m against liabilities of $7,534, net assets of $2.5m. It reported 11 employees.