Miquon School
Analysis
Miquon School is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in January 1933, 93 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, Miquon School reported income of $5.6m and spending of $4.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $5.6m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Miquon School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Renew Democracy Initiative Inc ($5.6m), City Center for Collaborative Learning ($5.6m) and Gem Prep Pocatello LLC ($5.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $147k (3.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $11.2m against liabilities of $4.8m, net assets of $6.4m. It reported 130 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 78%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Renew Democracy Initiative Inc | Washington | $5.6m |
| City Center for Collaborative Learning | Tucson | $5.6m |
| Gem Prep Pocatello LLC | Deary | $5.6m |
| Covenant Foundation | New York | $5.6m |