Mastermindz Afterschool Enrichment Program

Analysis

Mastermindz Afterschool Enrichment Program is a registered charity in United States, based in Downingtown, PA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mastermindz Afterschool Enrichment Program reported income of $182k and spending of $173k, spending 95% of its income. Across the 2 years on record, from December 2019 to December 2023, income fell from $223k to $182k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastermindz Afterschool Enrichment Program sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include San Francisco Rock Project ($182k), Sacramento Black Chamber of Commerce Foundation Inc ($182k) and Amherst Committee for a Better Chance ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,825 against liabilities of $0, net assets of $9,825.