Mastery Schools of Camden Inc

Analysis

Mastery Schools of Camden Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2015, 11 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 Schools of Camden Inc reported income of $78.2m and spending of $69.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $46.5m to $78.2m (+68%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 17%. 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 Schools of Camden Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Saint Martins University ($78.0m), Kipp Foundation ($78.3m) and Thurgood Marshall College Fund Inc ($77.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $28.2m. At year end it held assets of $94.2m against liabilities of $57.5m, net assets of $36.8m. It reported 436 employees.