Dyslexia Institute of Minnesota Inc

Analysis

Dyslexia Institute of Minnesota Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 1989, 37 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 December 2023, Dyslexia Institute of Minnesota Inc reported income of $1.7m and spending of $1.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.7m (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dyslexia Institute of Minnesota Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Defense of Freedom Institute for Policy Studies ($1.7m), Hasbara Fellowships Inc ($1.7m) and Kansas Policy Institute ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $105k (5.5% of expenses). Other salaries and wages came to $570k. At year end it held assets of $5.2m against liabilities of $132k, net assets of $5.0m. It reported 51 employees.