Mount St Michael Catholic School
Analysis
Mount St Michael Catholic School is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2016, 10 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, Mount St Michael Catholic School reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.1m (+7.0%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mount St Michael Catholic School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Arpan Foundation Incorporated ($1.1m), Ignite Academy Inc ($1.1m) and St James Episcopal School Del Rio Texas ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $719k. At year end it held assets of $417k against liabilities of $245k, net assets of $171k. It reported 31 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 76%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arpan Foundation Incorporated | Diamond Bar | $1.1m |
| Ignite Academy Inc | Tarpon SPGS | $1.1m |
| St James Episcopal School Del Rio Texas | Del Rio | $1.1m |
| Associated Alumni of the Central High School of Philadelphia | Philadelphia | $1.1m |