Mastery Charter High School

Analysis

Mastery Charter High School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 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, Mastery Charter High School reported income of $54.5m and spending of $52.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.3m to $54.5m (+23%), an average of +5.3% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Charter High School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Bullis School Inc ($54.4m), Mount Prospect Academy Inc ($54.6m) and Mound Farm Holdings Inc ($54.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $2.5m (4.7% of expenses). Other salaries and wages came to $20.6m. At year end it held assets of $43.1m against liabilities of $29.9m, net assets of $13.2m. It reported 319 employees.