District 840 Foundation

Analysis

District 840 Foundation is a registered charity in United States, based in Saint James, MN. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, District 840 Foundation reported income of $62k and spending of $49k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $62k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, District 840 Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Egg Harbor Township High School Crew Booster Club a NJ Non Profit ($62k), Oak Valley Music Boosters ($62k) and Books for the Barrios Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.