Mde School of East Cobb Inc

Analysis

Mde School of East Cobb Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in October 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 2024, Mde School of East Cobb Inc reported income of $2.7m and spending of $2.8m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.7m (+153%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mde School of East Cobb Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Crosspoint Christian School Inc ($2.7m), The Aquinas Institute Foundation Inc ($2.7m) and Palouse Prairie Educational Organization ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $65k (2.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $745k against liabilities of $74k, net assets of $671k. It reported 41 employees.