Marine Area Community School

Analysis

Marine Area Community School is a registered charity in United States, based in Marine St CRX, MN. It received its IRS tax-exemption ruling in April 2017, 9 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, Marine Area Community School reported income of $3.6m and spending of $3.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.6m (+53%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marine Area Community School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include New Jersey Tutoring Corps Inc ($3.6m), National Association of Charter School Authorizers ($3.6m) and Stanislaus Business Alliance Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $178k (4.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.1m against liabilities of $2.8m, net assets of -$738k. It reported 73 employees.