Moorhead Area Education Foundation

Analysis

Moorhead Area Education Foundation is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in September 1991, 35 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, Moorhead Area Education Foundation reported income of $243k and spending of $227k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $243k (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moorhead Area Education Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Parent Booster USA Inc ($243k), Wyandotte Public Schools Foundation ($243k) and Harvard Business School Association of Northern California Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 23% of the total. At year end it held assets of $1.9m against liabilities of $117k, net assets of $1.7m.