Twin Cities International Schools

Analysis

Twin Cities International Schools is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Twin Cities International Schools reported income of $17.8m and spending of $17.3m, spending 97% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $8.5m to $17.8m (+111%), an average of +16% a year. The sharpest change came in the year to June 2019, when income rose by 85%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Twin Cities International Schools sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Koson Schools ($17.8m), Momentum Academy ($17.8m) and Cankdeska Cikana Community College ($17.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $8.6m. At year end it held assets of $32.8m against liabilities of $33.5m, net assets of -$716k.