J R Masterman Home & School Association

Analysis

J R Masterman Home & School Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, J R Masterman Home & School Association reported income of $104k and spending of $236k, spending 226% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $272k to $104k (-62%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 77%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, J R Masterman Home & School Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Hamilton County Schools Foundation ($104k), Cab Calloway Band Booster Association ($104k) and Happy Valley Elementary School Parent Club ($104k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.