Minnesota State University Student Association Inc

Analysis

Minnesota State University Student Association Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Minnesota State University Student Association Inc reported income of $1.1m and spending of $978k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $1.1m (-4.7%), an average of -1.0% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota State University Student Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Ozaukee Christian School Inc ($1.1m), Colorado Timberline Academy Inc ($1.1m) and Ua Global Operations Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $140k (14% of expenses). Other salaries and wages came to $475k. At year end it held assets of $3.5m against liabilities of $220k, net assets of $3.3m. It reported 18 employees.