Brainerd Public Schools Foundation

Analysis

Brainerd Public Schools Foundation is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in January 1988, 38 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 2023, Brainerd Public Schools Foundation reported income of $443k and spending of $259k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $473k to $443k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brainerd Public Schools Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Friends of Ps166 Inc ($443k), National Black College Alumni Hall of Fame Foundation ($443k) and TPS Foundation Inc ($443k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $55k (21% of expenses). At year end it held assets of $3.4m against liabilities of $81k, net assets of $3.3m. It reported 2 employees.