Starbase Minnesota Inc

Analysis

Starbase Minnesota Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 1995, 31 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 September 2023, Starbase Minnesota Inc reported income of $2.7m and spending of $2.6m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.7m (+60%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 126%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Starbase Minnesota Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Lahser Community Connections Inc ($2.7m), Literacy Services of Wisconsin Inc ($2.7m) and Boston Collegiate Charter School Foundation Inc ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $173k (6.6% of expenses). Other salaries and wages came to $953k. At year end it held assets of $1.3m against liabilities of $28k, net assets of $1.3m. It reported 27 employees.