Spring Forest Qigong Institute

Analysis

Spring Forest Qigong Institute is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in February 2015, 11 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, Spring Forest Qigong Institute reported income of $113k and spending of $1,392, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $113k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 1.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Forest Qigong Institute sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Student Holdings NFP ($113k), Healthcare Information & Management Systems Society Foundation ($113k) and Association for Construction Career Development ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $475k against liabilities of $0, net assets of $475k.