Martin de Porres School Inc

Analysis

Martin de Porres School Inc is a registered charity in United States, based in Elmont, NY. It received its IRS tax-exemption ruling in July 1974, 52 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, Martin de Porres School Inc reported income of $15.9m and spending of $15.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.9m to $15.9m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Martin de Porres School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Virginia Commonwealth University Foundation ($15.9m), St Thomas School ($16.0m) and Globe Academy Inc ($15.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $354k (2.3% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $5.9m against liabilities of $4.4m, net assets of $1.5m. It reported 176 employees.