Minot Public School Foundation

Analysis

Minot Public School Foundation is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in March 1995, 31 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, Minot Public School Foundation reported income of $216k and spending of $129k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $216k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minot Public School Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 49th percentile within ND. Charities of a similar size with the same main cause include Colorado Foundation for Agriculture Inc ($216k), Center for Chinese Learning at Stony Brook Inc ($216k) and Willow Grove Educational Foundation ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $8,625 (6.7% of expenses). Other salaries and wages came to $44k. At year end it held assets of $972k against liabilities of $18k, net assets of $954k. It reported 2 employees.