Metropolitan International Center Academy Parent Teacher Org Co

Analysis

Metropolitan International Center Academy Parent Teacher Org Co is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Metropolitan International Center Academy Parent Teacher Org Co reported income of $606k and spending of $344k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $289k to $606k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Metropolitan International Center Academy Parent Teacher Org Co sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Foothills Performing Arts Center Inc ($606k), Nassau Cooperative Nursery School ($606k) and Sacred Art of Living Education and Retreat Center Inc ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.