Farnsworth School Organization Inc

Analysis

Farnsworth School Organization Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Farnsworth School Organization Inc reported income of $257k and spending of $255k, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $201k to $257k (+28%), an average of +8.5% a year. The sharpest change came in the year to July 2023, when income rose by 1188%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farnsworth School Organization Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Moving and Storage Institute ($257k), New Jersey Head Start Association ($257k) and Central Coast Aquarium ($257k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. At year end it held assets of $462k against liabilities of $0, net assets of $462k.