Mastery Charter School - Shoemakercampus

Analysis

Mastery Charter School - Shoemakercampus 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 - Shoemakercampus reported income of $16.4m and spending of $14.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.4m to $16.4m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 84% 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 - Shoemakercampus 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 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Sicangu Oyate Ho Inc ($16.4m), California Alumni Association ($16.4m) and Usf Financing Corporation ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $181k (1.2% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $10.6m against liabilities of $6.2m, net assets of $4.4m. It reported 129 employees.