Minnesota New Country School

Analysis

Minnesota New Country School is a registered charity in United States, based in Henderson, MN. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Minnesota New Country School reported income of $4.1m and spending of $4.1m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.1m to $4.1m (+29%), an average of +5.3% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota New Country School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Charlotte Jewish Preschool Inc ($4.1m), Midtown International School Inc ($4.1m) and Simple Foundation ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $69k (1.7% of expenses). At year end it held assets of $888k against liabilities of $19k, net assets of $869k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.