Minnesota Association for Family and Early Education

Analysis

Minnesota Association for Family and Early Education is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Minnesota Association for Family and Early Education reported income of $106k and spending of $78k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $106k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Association for Family and Early Education sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include A Heart for Kids Inc ($106k), Maine Township High School District Educational Foundation ($106k) and Kurukulla Center for Tibetan Buddhist Studies Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 82% of the total. At year end it held assets of $125k against liabilities of $45, net assets of $125k.