Mastery Community Builders Inc

Analysis

Mastery Community Builders Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mastery Community Builders Inc reported income of $3.0m and spending of $5.5m, spending 184% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $3.0m (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 152% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Community Builders Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Torah Education of America Inc ($3.0m), Hartland Institute of Health and Education ($3.0m) and Focus Learning Academy of Southeastern Columbus ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $74.8m against liabilities of $71.7m, net assets of $3.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.