Mirus Academy

Analysis

Mirus Academy is a registered charity in United States, based in Ellsworth, ME. It received its IRS tax-exemption ruling in October 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, Mirus Academy reported income of $507k and spending of $527k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $255k to $507k (+98%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mirus Academy sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within ME. Charities of a similar size with the same main cause include Horizons of Kent and Queen Annes Inc ($507k), Sound Foundations of Rochester Inc ($507k) and Independent Electrical Contractors-Dakotas Inc Education ($507k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 61% of the total. Other salaries and wages came to $368k. At year end it held assets of $434k against liabilities of $0, net assets of $434k. It reported 24 employees.