Mastery Charter School - Mann Elementary

Analysis

Mastery Charter School - Mann Elementary is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2011, 15 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 School - Mann Elementary reported income of $10.8m and spending of $9.0m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $10.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Charter School - Mann Elementary sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Personalized Learning Inc ($10.8m), Lincoln Academy ($10.8m) and Leep Dual Language Academy Charter School ($10.8m).

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 $269k (3.0% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $8.8m against liabilities of $4.9m, net assets of $3.9m. It reported 72 employees.