Missouri Military Academy

Analysis

Missouri Military Academy is a registered charity in United States, based in Mexico, MO. It received its IRS tax-exemption ruling in November 1949, 77 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, Missouri Military Academy reported income of $12.9m and spending of $17.0m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $12.9m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Missouri Military Academy 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 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Casper College Foundation ($12.8m), National Congress of Parents and Teachers ($12.9m) and Alpha Academy Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $314k (1.8% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $62.7m against liabilities of $1.4m, net assets of $61.3m. It reported 179 employees.