North Shore Community School

Analysis

North Shore Community School is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in October 2001, 25 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, North Shore Community School reported income of $4.5m and spending of $4.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.5m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Shore Community School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Delta Tau Delta Educational Foundation Inc ($4.5m), Illinois Network of Charter Schools ($4.5m) and Atlas Preparatory Academy ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $329k (8.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.0m against liabilities of $3.8m, net assets of -$749k. It reported 86 employees.