Fridley Schools Foundation

Analysis

Fridley Schools Foundation is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in December 1999, 27 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 June 2023, Fridley Schools Foundation reported income of $324k and spending of $330k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $339k to $324k (-4.4%), an average of -1.5% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fridley Schools Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Educational Center for Applied Ekistics Inc ($324k), Hesby Involved Parents Inc ($324k) and Bruce L Crary Foundation Inc ($324k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $515k against liabilities of $0, net assets of $515k.