Mott Haven Academy Charter School

Analysis

Mott Haven Academy Charter School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2008, 18 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 2023, Mott Haven Academy Charter School reported income of $14.4m and spending of $14.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.5m to $14.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mott Haven Academy Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Bronx Academy of Promise Charter School ($14.4m), Wyoming Catholic College ($14.4m) and Greene School Inc ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $281k (1.9% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $5.4m against liabilities of $3.0m, net assets of $2.5m. It reported 135 employees.