Mother Catherine Academy Inc

Analysis

Mother Catherine Academy Inc is a registered charity in United States, based in Mechanicsvlle, MD. It received its IRS tax-exemption ruling in February 2016, 10 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, Mother Catherine Academy Inc reported income of $1.8m and spending of $1.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.8m (+29%), an average of +6.6% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mother Catherine Academy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Menachem Education Foundation Inc ($1.8m), Centre Learning Commnunity Charter School ($1.8m) and Child Development Center Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 63% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $308k, net assets of $1.0m. It reported 32 employees.