Mastery Charter School-Pickett Campus

Analysis

Mastery Charter School-Pickett Campus is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2008, 18 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, Mastery Charter School-Pickett Campus reported income of $20.3m and spending of $19.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $20.3m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Charter School-Pickett Campus sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include St Coletta Special Education Charter School ($20.3m), Nevada Charter Academies ($20.3m) and Impact Org Inc ($20.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $253k (1.3% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $11.9m against liabilities of $10.2m, net assets of $1.7m. It reported 141 employees.