Masters Study Inc

Analysis

Masters Study Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2003, 23 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, Masters Study Inc reported income of $458k and spending of $453k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $372k to $458k (+23%), an average of +5.3% a year. 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, Masters Study Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Kenyan Kids Foundation ($457k), Tennessee Health Occupation Students of America ($458k) and Spirit of Youth ($457k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1,600 (0.4% of expenses). Other salaries and wages came to $330k. At year end it held assets of $164k against liabilities of $2,841, net assets of $161k. It reported 53 employees.