Exploration High School

Analysis

Exploration High School is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2018, 8 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 2024, Exploration High School reported income of $1.6m and spending of $1.8m, spending 113% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $1.0m to $1.6m (+52%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Exploration High School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Blu Educational Foundation ($1.6m), Belleville Mennonite School ($1.6m) and Northstar School ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $176k (9.9% of expenses). Other salaries and wages came to $544k. At year end it held assets of $598k against liabilities of $756k, net assets of -$157k. It reported 14 employees.