Minden Schools Foundation

Analysis

Minden Schools Foundation is a registered charity in United States, based in Minden, NE. It received its IRS tax-exemption ruling in February 1992, 34 years ago. 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 December 2023, Minden Schools Foundation reported income of $82k and spending of $6,305, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $82k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 9.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minden Schools Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within NE. Charities of a similar size with the same main cause include Friends of the Columbia County Traveling Library Inc ($82k), Friends of Lesotho Inc ($82k) and Abc No Rio Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.