Minnesota Training Partnership Inc

Analysis

Minnesota Training Partnership Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2019, 7 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 December 2023, Minnesota Training Partnership Inc reported income of $993k and spending of $1.0m, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $565k to $993k (+76%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Training Partnership Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Infotrends USA Inc ($993k), University of Florida College of Nursing Faculty Practice Associati ($993k) and Mountain Village Charter School ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $124k (12% of expenses). Other salaries and wages came to $426k. At year end it held assets of $656k against liabilities of $43k, net assets of $613k. It reported 5 employees.