Mason Classical Academy Inc

Analysis

Mason Classical Academy Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in February 2013, 13 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, Mason Classical Academy Inc reported income of $16.3m and spending of $15.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.6m to $16.3m (+115%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mason Classical Academy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Heights Christian Schools ($16.3m), Energized for Excellence Academy ($16.4m) and North Raleigh Christian Academy ($16.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 94% of the total. Other salaries and wages came to $7.4m. At year end it held assets of $20.8m against liabilities of $14.8m, net assets of $6.1m. It reported 183 employees.