Mastery Charter School - Thomascampus

Analysis

Mastery Charter School - Thomascampus is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2007, 19 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, Mastery Charter School - Thomascampus reported income of $24.9m and spending of $22.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.3m to $24.9m (+29%), an average of +6.5% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Charter School - Thomascampus sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Kipp Miami Inc ($24.9m), Somerset Community Services Inc ($24.9m) and Governors Early Literacy Foundation ($24.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $494k (2.2% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $19.9m against liabilities of $12.6m, net assets of $7.3m. It reported 170 employees.