Mysa School Inc

Analysis

Mysa School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 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, Mysa School Inc reported income of $690k and spending of $1.7m, spending 253% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.1m to $690k (-67%), an average of -20% a year. The sharpest change came in the year to June 2023, when income rose by 372%. 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, Mysa School Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Lupine Montessori School ($690k), Trusted Capabilities and Readiness Development Foundation Inc ($690k) and Rooted School Foundation ($690k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $203k (12% of expenses). Other salaries and wages came to $640k. At year end it held assets of $2.3m against liabilities of $804k, net assets of $1.5m. It reported 15 employees.