Ni Magnuson Christian School

Analysis

Ni Magnuson Christian School is a registered charity in United States, based in White Bear LK, MN. It received its IRS tax-exemption ruling in July 2005, 21 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 July 2024, Ni Magnuson Christian School reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $742k to $1.5m (+102%), an average of +15% a year. The sharpest change came in the year to July 2022, when income rose by 52%. 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, Ni Magnuson Christian School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include West End Christian School Incorporated ($1.5m), Lean Lab ($1.5m) and Parent Education & Advocacy Leadership Center ($1.5m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 44% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $106k (7.4% of expenses). Other salaries and wages came to $934k. At year end it held assets of $281k against liabilities of $0, net assets of $281k. It reported 34 employees.