Saint Macrina Orthodox Academy

Analysis

Saint Macrina Orthodox Academy is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. 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, Saint Macrina Orthodox Academy reported income of $52k and spending of $64k, spending 124% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $70k to $52k (-25%), an average of -25% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Macrina Orthodox Academy sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within WA. Charities of a similar size with the same main cause include Delphos Community Christmas Project ($52k), Montana Association of Symphony Orchestras ($52k) and Casa Azul of Greensboro ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $12k against liabilities of $3,172, net assets of $9,202.