Northwest Passage High School

Analysis

Northwest Passage High School is a registered charity in United States, based in Coon Rapids, MN. It received its IRS tax-exemption ruling in April 2000, 26 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, Northwest Passage High School reported income of $2.3m and spending of $2.5m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.3m (-2.0%), an average of -0.5% 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, Northwest Passage High School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Embers Academy ($2.3m), Micanopy Area Cooperative School Inc ($2.3m) and Bookmarks ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $557k (22% of expenses). Other salaries and wages came to $529k. At year end it held assets of $2.2m against liabilities of $2.8m, net assets of -$620k. It reported 39 employees.