Afsa High School

Analysis

Afsa High School is a registered charity in United States, based in Vadnais HTS, MN. It received its IRS tax-exemption ruling in February 2003, 23 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, Afsa High School reported income of $7.7m and spending of $7.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $7.7m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2020, when income rose by 21%. 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, Afsa High School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Lowcountry Leadership Charter School ($7.7m), Worcester County Developmental Center ($7.7m) and Oakland Hebrew Day School ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $338k (4.4% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $3.5m against liabilities of $6.3m, net assets of -$2.8m. It reported 121 employees.