Thief River Falls Education Foundation

Analysis

Thief River Falls Education Foundation is a registered charity in United States, based in Thief RVR FLS, MN. It received its IRS tax-exemption ruling in November 1990, 36 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, Thief River Falls Education Foundation reported income of $449k and spending of $482k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $317k to $449k (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thief River Falls Education 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 Eleazar Wheelock House Inc ($449k), F H L Academy Inc ($449k) and Paradigm Project ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $64k (13% of expenses). Other salaries and wages came to $29k. At year end it held assets of $2.7m against liabilities of $7,371, net assets of $2.7m. It reported 5 employees.