Joseph J Mayer Education TR

Analysis

Joseph J Mayer Education TR is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joseph J Mayer Education TR reported income of $562k and spending of $616k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $500k to $562k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 325%. 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, Joseph J Mayer Education TR sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Attleboro Scholarship Foundation ($562k), Foundation for American Christian Education ($562k) and Stonebridge Academy Institute ($562k).

Compensation of current officers, directors and key employees was $87k (14% of expenses). At year end it held assets of $10.3m against liabilities of $0, net assets of $10.3m.