Metropolitan Multicultural School

Analysis

Metropolitan Multicultural School is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2022, Metropolitan Multicultural School reported income of $588k and spending of $469k, leaving 20% of income unspent that year. Across the 5 years on record, from March 2018 to March 2022, income grew from $543k to $588k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to March 2022, when income rose by 78%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metropolitan Multicultural School 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 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Darul Marifah Foundation ($588k), Meade Association for Remarkable Citizens Inc ($588k) and Community Sharing ($588k).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). Other salaries and wages came to $200k. It paid $326 in professional fundraising fees. At year end it held assets of $473k against liabilities of $240k, net assets of $233k. It reported 14 employees.