Construction Education Foundation of Minnesota

Analysis

Construction Education Foundation of Minnesota is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Construction Education Foundation of Minnesota reported income of $554k and spending of $481k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $523k to $554k (+5.9%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Construction Education Foundation of Minnesota sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Liberty Elementary Education Foundation Inc ($554k), Mid-Atlantic Robotics a NJ Non-Profit Corporation ($554k) and Hamilton County Schools Fund for Excellence ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. At year end it held assets of $808k against liabilities of $225k, net assets of $583k.