Minnesota Assoc of Administrators of State & Fed Education Programs

Analysis

Minnesota Assoc of Administrators of State & Fed Education Programs is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2020, Minnesota Assoc of Administrators of State & Fed Education Programs reported income of $89k and spending of $113k, spending 127% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $99k to $89k (-10%), an average of -10% a year. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Assoc of Administrators of State & Fed Education Programs sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Cold Spring Farmers Market Inc ($89k), Special Youth Challenge Ministries of Northwest Iowa Inc ($89k) and Global Restoration Center ($89k).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $123k against liabilities of $474, net assets of $122k.