Foundation 191

Analysis

Foundation 191 is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in June 2006, 20 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, Foundation 191 reported income of $155k and spending of $150k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $264k to $155k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation 191 sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Howland Band Boosters Inc ($155k), Sommelier Scholarship Fund Inc ($155k) and Judges Athletic Association ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.