Minnesota Grocers Association Foundation

Analysis

Minnesota Grocers Association Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1999, 27 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, Minnesota Grocers Association Foundation reported income of $184k and spending of $172k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $150k to $184k (+22%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Grocers Association Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Rural Educational Heritage Inc ($184k), Public School Funding Alliance ($184k) and Heartland Community Montessori School Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $605k against liabilities of $145k, net assets of $459k.