Mancos Valley Dragonfly School

Analysis

Mancos Valley Dragonfly School is a registered charity in United States, based in Mancos, CO. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mancos Valley Dragonfly School reported income of $364k and spending of $364k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $545k to $364k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mancos Valley Dragonfly School sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include University Club Foundation ($364k), Teleo University ($364k) and Rural Aspirations Project ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $34k (9.5% of expenses). Other salaries and wages came to $212k. At year end it held assets of $285k against liabilities of $2,000, net assets of $283k. It reported 18 employees.