Minnesota Intercollegiate Athletic Conference

Analysis

Minnesota Intercollegiate Athletic Conference is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in September 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 May 2024, Minnesota Intercollegiate Athletic Conference reported income of $1.3m and spending of $1.3m, spending 105% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.0m to $1.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to May 2022, when income rose by 60%. 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, Minnesota Intercollegiate Athletic Conference sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include The Education Alliance-Business and Community for Public School in ($1.3m), Childrens Bereavement Center Inc ($1.3m) and Literary Council of North America Inc ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $131k (9.8% of expenses). Other salaries and wages came to $89k. At year end it held assets of $210k against liabilities of $36k, net assets of $174k. It reported 4 employees.