Central Minnesota Educational Research & Development Council

Analysis

Central Minnesota Educational Research & Development Council is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in July 1966, 60 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 December 2023, Central Minnesota Educational Research & Development Council reported income of $8.8m and spending of $8.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.0m to $8.8m (+10%), an average of +2.5% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Minnesota Educational Research & Development Council sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include East Woods School Inc ($8.8m), Calais School ($8.8m) and Imagine Elementary at Desert West ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $276k (3.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.8m against liabilities of $853k, net assets of $2.0m. It reported 44 employees.