Mra Institute of Management Inc

Analysis

Mra Institute of Management Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mra Institute of Management Inc reported income of $8.4m and spending of $7.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.7m to $8.4m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mra Institute of Management Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Center for Advanced Studies in Business Inc ($8.4m), Habitat for Humanity International Inc ($8.4m) and Environmental Law Alliance Worldwide ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 92% of the total. At year end it held assets of $11.1m against liabilities of $2.8m, net assets of $8.3m.