Matchbook Learning Schools of Indiana

Analysis

Matchbook Learning Schools of Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 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 2023, Matchbook Learning Schools of Indiana reported income of $9.1m and spending of $9.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $9.1m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Matchbook Learning Schools of Indiana sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Zenith Academy ($9.1m), Allen Village School ($9.1m) and John Bapst Memorial High School ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $316k (3.4% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $7.7m against liabilities of $5.3m, net assets of $2.4m. It reported 128 employees.