Al Amal School

Analysis

Al Amal School is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in October 1997, 29 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 2023, Al Amal School reported income of $3.8m and spending of $3.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.8m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Al Amal School sits at the 87th percentile: it is larger than about 87% 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 Coastal Empire Montessori Community Organization Inc ($3.8m), Breakthrough Charter School ($3.9m) and Kentucky College of Art and Design Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $107k (2.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.6m against liabilities of $1.1m, net assets of $6.6m. It reported 60 employees.