Duval Mycroschool Inc

Analysis

Duval Mycroschool Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in August 2012, 14 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, Duval Mycroschool Inc reported income of $1.9m and spending of $2.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.9m (+28%), an average of +6.4% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Duval Mycroschool Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Folds of Honor Foundation ($1.9m), Montessori Society of Ashton Incorporated ($1.9m) and Helping Ourselves Prevent Emergencies ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $140k (6.7% of expenses). Other salaries and wages came to $561k. At year end it held assets of $1.8m against liabilities of $1.4m, net assets of $415k. It reported 13 employees.