Mastery Charter School - Clymer Elementary
Analysis
Mastery Charter School - Clymer Elementary is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2014, 12 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, Mastery Charter School - Clymer Elementary reported income of $10.0m and spending of $8.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $10.0m (+14%), an average of +3.3% a year. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Charter School - Clymer Elementary sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Educational Commission of the States ($10.0m), Jackson Hole Classical School Inc ($10.0m) and Waldorf School Association of Seattle ($10.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $234k (2.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $4.7m against liabilities of $4.4m, net assets of $265k. It reported 86 employees.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 70%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Educational Commission of the States | Northglenn | $10.0m |
| Jackson Hole Classical School Inc | Jackson | $10.0m |
| Waldorf School Association of Seattle | Seattle | $10.0m |
| Clarksville Academy | Clarksville | $10.0m |