Anoka Hennepin Educational Foundation Incorporated

Analysis

Anoka Hennepin Educational Foundation Incorporated is a registered charity in United States, based in Anoka, MN. It received its IRS tax-exemption ruling in April 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 June 2023, Anoka Hennepin Educational Foundation Incorporated reported income of $400k and spending of $363k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $225k to $400k (+78%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anoka Hennepin Educational Foundation Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Morning Glory Montessori School ($400k), Animas High School Building Corporation ($400k) and Penfeld Village Nursery School ($400k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $80k (22% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.2m against liabilities of $240k, net assets of $945k. It reported 2 employees.