Minnesota State College Southeast Foundation

Analysis

Minnesota State College Southeast Foundation is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in March 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 2024, Minnesota State College Southeast Foundation reported income of $3.4m and spending of $1.3m, leaving 60% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $784k to $3.4m (+329%), an average of +44% a year. The sharpest change came in the year to June 2024, when income rose by 578%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota State College Southeast Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Rockwell Charter High School ($3.4m), Museum School Collaborative ($3.4m) and University Services Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $7.1m against liabilities of $1,683, net assets of $7.1m.