Manati Academia Discipulos de Cristo Inc
Analysis
Manati Academia Discipulos de Cristo Inc is a registered charity in United States, based in Manati, PR. It received its IRS tax-exemption ruling in January 2011, 15 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 2024, Manati Academia Discipulos de Cristo Inc reported income of $1.5m and spending of $1.6m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.5m (+17%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Manati Academia Discipulos de Cristo Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 77th percentile within PR. Charities of a similar size with the same main cause include Workshop Learning ($1.5m), Capitol Region Education Councilfoundation Inc ($1.5m) and Awesome Foundation ($1.5m).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 85% of the total. Other salaries and wages came to $806k. At year end it held assets of $1.2m against liabilities of $567k, net assets of $623k. It reported 45 employees.
Income and spending
Where the income comes from
- Program services 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Workshop Learning | Narberth | $1.5m |
| Capitol Region Education Councilfoundation Inc | Hartford | $1.5m |
| Awesome Foundation | Chicago | $1.5m |
| Peralta Colleges Foundation | Oakland | $1.5m |