Microsociety Academy Charter School Foundation

Analysis

Microsociety Academy Charter School Foundation is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in August 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 2024, Microsociety Academy Charter School Foundation reported income of $3.3m and spending of $3.0m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $3.3m (+84%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Microsociety Academy Charter School Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NH. Charities of a similar size with the same main cause include Capital Area School for the Arts Charter School ($3.3m), American Center for Conflict Resolution Institute ($3.3m) and Franklin County Library System ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $107k (3.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.3m against liabilities of $3.7m, net assets of $2.7m. It reported 33 employees.