Mid-Atlantic Regional School of Professional Photography Inc

Analysis

Mid-Atlantic Regional School of Professional Photography Inc is a registered charity in United States, based in Stratford, NJ. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Mid-Atlantic Regional School of Professional Photography Inc reported income of $118k and spending of $121k, spending 102% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $144k to $118k (-18%), an average of -18% a year. The sharpest change came in the year to May 2024, when income dropped by 18%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-Atlantic Regional School of Professional Photography Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Streetlight Guild ($118k), Topical Cream Inc ($118k) and Northern Light Opera Company Incorporated ($118k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $150k against liabilities of $44k, net assets of $106k.