Divine Mercy Academy Incorporated

Analysis

Divine Mercy Academy Incorporated is a registered charity in United States, based in Pasadena, MD. It received its IRS tax-exemption ruling in June 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 December 2023, Divine Mercy Academy Incorporated reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $1.6m (+1304%), an average of +94% a year. The sharpest change came in the year to December 2021, when income rose by 196%. 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, Divine Mercy Academy Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include LA Tierra Community School Inc ($1.6m), New York Seminary Inc ($1.6m) and Carden School of Fresno ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $943k. At year end it held assets of $270k against liabilities of $27k, net assets of $243k. It reported 32 employees.