Charlotte Mason Schools International Inc

Analysis

Charlotte Mason Schools International Inc is a registered charity in United States, based in Fredericksbrg, TX. 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 July 2023, Charlotte Mason Schools International Inc reported income of $1.7m and spending of $2.0m, spending 123% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.6m to $1.7m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to July 2022, when income rose by 78%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlotte Mason Schools International Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Health Connected ($1.7m), Hope Academy Baltimore Inc ($1.7m) and Acton Academy ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $102k (5.0% of expenses). Other salaries and wages came to $995k. At year end it held assets of $5.0m against liabilities of $1.6m, net assets of $3.3m. It reported 34 employees.