jain.com
jain.comCharity Clarity

Charity Clarity › Look up a charity › Minnesota

North Central University

Minneapolis, Minnesota · EIN 41-0706151 · Education · tax-exempt since 1964

A

Charity Clarity grade A (score 85.5 of 100), based on the Form 990 for the year ended May 2025.

Graded against 26,129 education nonprofits with revenue $10M–$50M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.13.2 months87
GovernanceBoard independence, key policies and audit, per the 990.91% of practices91
Margin stabilityHow steady the surplus or deficit is year to year.69
Revenue spreadHow much revenue rests on one type of income.5% from one source85
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.98.6%not scored
Management costsShare of spending.0.3%not scored
Cost to raise $1Fundraising cost per dollar given.$0.20not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

2016201720182019202020212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
May 2025Form 990$32.35M$32.51M−$160K$35.74M13.2644A
May 2024Form 990$35.32M$36.67M−$1.35M$35.87M11.7664A
May 2023Form 990$35.13M$37.10M−$1.97M$36.90M11.9702B
May 2022Form 990$37.78M$37.59M$186K$39.78M12.7715A
May 2021Form 990$37.02M$37.49M−$476K$40.18M12.9708B
May 2020Form 990$37.94M$36.23M$1.71M$39.89M13.2781A
May 2019Form 990$33.92M$33.63M$293K$38.08M13.6923A
May 2018Form 990$31.68M$31.57M$107K$37.95M14.4333A
May 2017Form 990$29.17M$30.52M−$1.35M$37.70M14.8702A
May 2016Form 990$31.03M$34.25M−$3.22M$39.00M13.7787B

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

Similar education charities in Minnesota