Upper Midwest Security Alliance Foundation

Analysis

Upper Midwest Security Alliance Foundation is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in March 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 August 2023, Upper Midwest Security Alliance Foundation reported income of $849k and spending of $670k, leaving 21% of income unspent that year. Across the 4 years on record, from August 2018 to August 2023, income grew from $250k to $849k (+239%), an average of +50% a year. The sharpest change came in the year to August 2023, when income rose by 8921%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Upper Midwest Security Alliance Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Sigma Alpha Mu Foundation ($848k), Torrance Education Foundation ($849k) and Larchmont-Mamaroneck Fields for Kids Inc ($848k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. At year end it held assets of $424k against liabilities of $6,377, net assets of $418k.