Mary McLeod Bethune Day Academy

Analysis

Mary McLeod Bethune Day Academy is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2005, 21 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, Mary McLeod Bethune Day Academy reported income of $11.5m and spending of $10.0m, spending 87% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $8.8m to $11.5m (+30%), an average of +9.2% 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, Mary McLeod Bethune Day Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Statesmen College Preparatory Academy for Boys PCS ($11.5m), Communities in Schools of the Dallas Region ($11.5m) and Miami-Dade Foundation for Educational Innovation ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 65% of the total. Other salaries and wages came to $5.3m. At year end it held assets of $13.4m against liabilities of $7.3m, net assets of $6.2m. It reported 123 employees.