Mater Dei School Inc

Analysis

Mater Dei School Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in June 1970, 56 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, Mater Dei School Inc reported income of $7.4m and spending of $5.5m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $7.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mater Dei School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Chapin School ($7.4m), Mighty Writers ($7.4m) and Arts Based School ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $450k (8.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $33.8m against liabilities of $323k, net assets of $33.5m. It reported 36 employees.