Miraaj Academy Inc

Analysis

Miraaj Academy Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miraaj Academy Inc reported income of $183k and spending of $123k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $213k to $183k (-14%), an average of -14% a year. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miraaj Academy Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Belmont Golf Scholarship Fund Inc ($183k), Academy on Capitalism and Limited Government Foundation ($183k) and Parent Booster USA Inc ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $197k against liabilities of $13k, net assets of $184k.