St Marys Early Learning Academy

Analysis

St Marys Early Learning Academy is a registered charity in United States, based in Pine City, MN. It received its IRS tax-exemption ruling in January 2020, 6 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, St Marys Early Learning Academy reported income of $619k and spending of $619k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $389k to $619k (+59%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 59%. 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, St Marys Early Learning Academy sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Oasis Middle School Inc ($619k), Warren-Forest Higher Education Council Inc ($619k) and I2 Learning Foundation Inc ($619k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $464k. At year end it held assets of $48k against liabilities of $529, net assets of $48k. It reported 36 employees.