Mariana Bracetti Academy Charter School

Analysis

Mariana Bracetti Academy Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2001, 25 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, Mariana Bracetti Academy Charter School reported income of $31.0m and spending of $28.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.4m to $31.0m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mariana Bracetti Academy 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 Wku Student Life Foundation Inc ($31.0m), Benjamin Franklin Charter School - Queen Creek ($31.0m) and Propel Schools Inc ($31.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Other salaries and wages came to $12.8m. At year end it held assets of $64.1m against liabilities of $65.0m, net assets of -$890k. It reported 220 employees.