Greg Mathis Charter High School

Analysis

Greg Mathis Charter High School is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Greg Mathis Charter High School reported income of $1.6m and spending of $1.7m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $981k to $1.6m (+65%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greg Mathis Charter High School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include PCS Building Company ($1.6m), Prism North America ($1.6m) and Christian Academy of Lawrenceburg Kentucky Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $166k (9.9% of expenses). Other salaries and wages came to $758k. At year end it held assets of $427k against liabilities of $309k, net assets of $118k. It reported 18 employees.