Kraybill Mennonite School Corporation
Analysis
Kraybill Mennonite School Corporation is a registered charity in United States, based in Mount Joy, PA. It received its IRS tax-exemption ruling in May 2019, 7 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, Kraybill Mennonite School Corporation reported income of $1.9m and spending of $2.1m, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $407k to $1.9m (+356%), an average of +36% a year. The sharpest change came in the year to June 2020, when income rose by 1280%. Over the whole period it spent 69% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kraybill Mennonite School Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Accreditation and Workforce Innovations ($1.9m), Creekside Montessori School ($1.9m) and Marcana Enterprises Inc ($1.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $67k (3.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $180k, net assets of $4.0m. It reported 56 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 62%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Accreditation and Workforce Innovations | Chicago | $1.9m |
| Creekside Montessori School | Minneapolis | $1.9m |
| Marcana Enterprises Inc | El Paso | $1.9m |
| Collegespring Inc | Walnut Creek | $1.9m |