Twin Cities German Immersion School Building Company

Analysis

Twin Cities German Immersion School Building Company is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Twin Cities German Immersion School Building Company reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $896k to $1.1m (+17%), an average of +4.1% a year. 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, Twin Cities German Immersion School Building Company sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Kings Kids Christian Academy of Tampa Inc ($1.1m), Penn Hills Library ($1.1m) and Summit Classical Academy Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $16.0m against liabilities of $16.1m, net assets of -$52k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.