St Marys Charter School

Analysis

St Marys Charter School is a registered charity in United States, based in Beeville, TX. It received its IRS tax-exemption ruling in April 2001, 25 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 August 2023, St Marys Charter School reported income of $5.7m and spending of $5.7m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.9m to $5.7m (+16%), an average of +3.8% a year. The sharpest change came in the year to August 2022, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Marys Charter School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Stride Learning Center ($5.7m), Indianapolis Christian School System Inc ($5.7m) and Saginaw Valley State University Foundation ($5.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $98k (1.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $6.3m against liabilities of $2.3m, net assets of $4.0m. It reported 116 employees.