My Weekday School Inc
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
Where the income comes from
- Contributions & grants 17%
- Program services 66%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grace Classical School Inc | Jacksonville | $518k |
| Chung Yuan Christian University Development Foundation-North Ameri | Santa Clara | $518k |
| Literacy Center Inc | Attleboro | $518k |
| University of Karachi Alumni Assn of Balt Wa Metro Area Inc | Greenbelt | $518k |