Mater Dei Academy Inc

Analysis

Mater Dei Academy Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1971, 55 years ago. 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 December 2023, Mater Dei Academy Inc reported income of $99k and spending of $109k, spending 110% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $74k to $99k (+34%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mater Dei Academy Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($99k), Chorus North Shore Inc ($99k) and Christians United in Beaver County ($99k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $69k. At year end it held assets of $32k against liabilities of $7,233, net assets of $25k. It reported 9 employees.