Minnesota Logger Education Program

Analysis

Minnesota Logger Education Program is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in June 1996, 30 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 Logger Education Program reported income of $277k and spending of $297k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $277k (+5.9%), an average of +1.4% a year. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Logger Education Program sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include New Jersey League for Nursing ($277k), Health Occupations Students of America ($278k) and Diversity Initiative Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $80k (27% of expenses). Other salaries and wages came to $43k. At year end it held assets of $416k against liabilities of $27k, net assets of $389k. It reported 2 employees.

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.