Mathematics Science & Technology Community Charter School
Analysis
Mathematics Science & Technology Community Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1999, 27 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, Mathematics Science & Technology Community Charter School reported income of $31.8m and spending of $29.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.4m to $31.8m (+49%), an average of +10% a year. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mathematics Science & Technology Community Charter School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Slam Florida Inc ($31.8m), Flintridge Preparatory School ($31.8m) and Marin Country Day School ($31.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $1.6m (5.3% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $65.6m against liabilities of $45.4m, net assets of $20.2m. It reported 299 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 72%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Slam Florida Inc | Miami | $31.8m |
| Flintridge Preparatory School | LA Canada FLT | $31.8m |
| Marin Country Day School | Corte Madera | $31.8m |
| McLean School of Maryland Inc | Potomac | $31.9m |