Mustard Seed School Christian Urban Education Inc

Analysis

Mustard Seed School Christian Urban Education Inc is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in August 1980, 46 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, Mustard Seed School Christian Urban Education Inc reported income of $3.9m and spending of $5.3m, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.7m to $3.9m (-43%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mustard Seed School Christian Urban Education Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Tampa Bay Christian Academy of Florida Inc ($3.9m), Kansas City College & Bible School Inc ($3.9m) and High Five Adventure Learning Center Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $124k (2.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $4.3m against liabilities of $852k, net assets of $3.4m. It reported 52 employees.