Muncie Public Charter School of Inquiry

Analysis

Muncie Public Charter School of Inquiry is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in April 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, Muncie Public Charter School of Inquiry reported income of $3.0m and spending of $2.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.0m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Muncie Public Charter School of Inquiry sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include New Millennium Secondary School ($3.0m), Sampson County Partnership for Children ($3.0m) and Community Educational Research Group Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $328k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.7m against liabilities of $641k, net assets of $1.1m. It reported 42 employees.