Msa Building Company

Analysis

Msa Building Company is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Msa Building Company reported income of $570k and spending of $754k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $771k to $570k (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Msa Building Company 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 East Muskingum Umbrella Boosters ($570k), Saint Andrew Orthodox Christian Education Center Inc ($570k) and University of Tasmania Foundationusa ($570k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $8.3m against liabilities of $8.8m, net assets of -$431k.

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.