Mighty Writers

Analysis

Mighty Writers is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2009, 17 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, Mighty Writers reported income of $7.4m and spending of $8.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $7.4m (+292%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mighty Writers sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Mater Dei School Inc ($7.4m), Covenant Christian Schools of Indianapolis Inc ($7.4m) and Chapin School ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $184k (2.3% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $3.6m against liabilities of $774k, net assets of $2.8m. It reported 95 employees.