Mastery Charter Schools Foundation

Analysis

Mastery Charter Schools Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2007, 19 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 June 2023, Mastery Charter Schools Foundation reported income of $9.7m and spending of $6.4m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.9m to $9.7m (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Charter Schools Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Christopher Newport University Educational Foundation Inc ($9.7m), College of Staten Island Auxiliary Services Corp Inc ($9.7m) and Klamath Family Head Start ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $113.5m against liabilities of $61.0m, net assets of $52.5m.