Mountain Discovery Charter School of Swain County

Analysis

Mountain Discovery Charter School of Swain County is a registered charity in United States, based in Bryson City, NC. It received its IRS tax-exemption ruling in July 2002, 24 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, Mountain Discovery Charter School of Swain County reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.3m (+25%), an average of +5.8% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Discovery Charter School of Swain County sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Brightlane Learning Corp ($2.3m), Wexner Center Foundation ($2.3m) and Prairie View Academy ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.3m against liabilities of $3.0m, net assets of -$729k. It reported 49 employees.