Mathews County School of Country Arts Inc

Analysis

Mathews County School of Country Arts Inc is a registered charity in United States, based in Mathews, VA. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Mathews County School of Country Arts Inc reported income of $435k and spending of $428k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $435k (+66%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mathews County School of Country Arts Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Bereaved Parents of the USA ($435k), Advertising Club of New York Foundation Inc ($435k) and Max Warburg Courage Curriculum Inc ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 42% of the total. Other salaries and wages came to $193k. At year end it held assets of $431k against liabilities of $32k, net assets of $399k. It reported 11 employees.