Masters Academy International Inc

Analysis

Masters Academy International Inc is a registered charity in United States, based in Sun Valley, CA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Masters Academy International Inc reported income of $7.7m and spending of $8.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $7.7m (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masters Academy International Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Chinmaya Mission Chicago ($7.7m), Nathaniels Hope Inc ($7.7m) and Freedom From Religion Foundation Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $201k (2.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $15.1m against liabilities of $949k, net assets of $14.1m. It reported 33 employees.