Menachem Mendel Academy

Analysis

Menachem Mendel Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2019, 7 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, Menachem Mendel Academy reported income of $867k and spending of $1.1m, spending 128% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $482k to $867k (+80%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Menachem Mendel Academy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Modern Chinese School ($867k), Science Is Elementary Inc ($867k) and Foundation for Progess and Education Inc ($867k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $539k. At year end it held assets of $159k against liabilities of $813k, net assets of -$654k. It reported 10 employees.