Scandia Heritage Alliance

Analysis

Scandia Heritage Alliance is a registered charity in United States, based in Scandia, MN. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Scandia Heritage Alliance reported income of $319k and spending of $48k, leaving 85% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $319k (+49%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 411%. Over the whole period it spent 15% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scandia Heritage Alliance sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Blue Earth County Historical Society ($319k), Golden Crown Literary Society ($319k) and Childrens Chorus of Maryland ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.3% of the total. At year end it held assets of $609k against liabilities of $1,083, net assets of $608k.