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My Weekday School Inc

RegisteredEIN 82-2428048Lexington, MAEducation and training
Income$518k2024-06
Spending$461ksame year
Spent / received83%5-year average
Size in its cause68th pctEducation and training
Exempt since2018School
Employees17latest return

Analysis

My Weekday School Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in May 2018, 8 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, My Weekday School Inc reported income of $518k and spending of $461k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $344k to $518k (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, My Weekday School Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Grace Classical School Inc ($518k), Chung Yuan Christian University Development Foundation-North Ameri ($518k) and Literacy Center Inc ($518k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 66% of the total. Other salaries and wages came to $304k. At year end it held assets of $553k against liabilities of $47k, net assets of $506k. It reported 17 employees.

Income and spending

$0$156k$312k$468k$624k2020 Income: $344,3742020 Spending: $345,42820202021 Income: $341,0492021 Spending: $304,16320212022 Income: $566,4282022 Spending: $417,58020222023 Income: $624,0952023 Spending: $453,44720232024 Income: $517,8932024 Spending: $460,7882024
IncomeSpending

Where the income comes from

  • Contributions & grants 17%
  • Program services 66%
  • Other 16%

Similar-sized charities, same cause

CharityLocationIncome
Grace Classical School IncJacksonville$518k
Chung Yuan Christian University Development Foundation-North AmeriSanta Clara$518k
Literacy Center IncAttleboro$518k
University of Karachi Alumni Assn of Balt Wa Metro Area IncGreenbelt$518k