Minnesota Association of Charter Schools

Analysis

Minnesota Association of Charter Schools is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in January 2002, 24 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, Minnesota Association of Charter Schools reported income of $526k and spending of $489k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $449k to $526k (+17%), an average of +4.1% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Association of Charter Schools sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Institute for Peaceable Communities Inc ($526k), Mercyworks Incorporated ($526k) and North Georgia Technical College Foundation Inc ($526k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. At year end it held assets of $549k against liabilities of $0, net assets of $549k.