ECMC GROUP INC
111 WASHINGTON AVE S1400, MINNEAPOLIS, MN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $501,325,316 | $280,995,832 | $1,311,927,000 |
| FY2023 | $5,041,564,260 | $269,141,527 | $1,276,116,757 |
| FY2022 | $467,330,504 | $680,177,668 | $1,149,200,794 |
| FY2021 | $564,021,532 | $152,473,246 | $1,588,933,746 |
| FY2020 | $418,494,950 | $173,468,527 | $1,117,097,856 |
| FY2019 | $361,718,874 | $167,699,665 | $846,831,475 |
| FY2018 | $389,351,426 | $255,318,480 | $681,182,359 |
| FY2017 | $408,477,376 | $219,533,878 | $597,694,156 |
| FY2016 | $301,167,127 | $788,762,842 | $383,206,363 |
| FY2015 | $257,149,238 | $151,783,197 | $861,424,651 |
| FY2014 | $286,173,689 | $202,900,919 | $762,321,527 |
| FY2013 | $372,329,145 | $171,545,898 | $656,426,003 |
| FY2012 | $347,076,249 | $74,513,900 | $396,842,315 |
| FY2011 | $138,763,650 | $76,840,533 | $124,279,966 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $129,892,000 | 42% |
| Program service revenue | $177,093,028 | 58% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $251,642,015 | 90% |
| Management & general | $29,353,817 | 10% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 58% of total revenue in FY2024.
- Program services accounted for 90% of functional expenses, management & general 10%, and fundraising 0%.
- 90% of functional expenses went to program services in FY2024. That is higher than 67.1% of 73 Education organizations in MN.
- Net assets covered about 56 months of expenses at the end of the reporting year. That puts it in the 78th percentile among 1312 Education organizations in MN.
- Total revenue was higher than 99.9% of 1322 Education organizations in MN.
- Total revenue rose from $138,763,650 in FY2011 to $501,325,316 in FY2024, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2016, FY2022).
- The highest revenue on record here is $5,041,564,260 in FY2023.
- Net assets grew from $124,279,966 to $1,311,927,000 between FY2011 and FY2024.
- Contributions and grants made up 86% of revenue in FY2011 and 26% in FY2024.
- Donations may be deductible (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO HELP STUDENTS SUCCEED BY CREATING, PROVIDING AND INVESTING IN INNOVATIVE EDUCATIONAL OPPORTUNITIES.
IRS status
| Ruling year | 2001 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B02 — Education (in MN) |
| Donations | Donations may be deductible (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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