Mastery Learning Academy

Analysis

Mastery Learning Academy is a registered charity in United States, based in Taylorsville, UT. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mastery Learning Academy reported income of $70k and spending of $56k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $70k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mastery Learning Academy sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within UT. Charities of a similar size with the same main cause include Maroon and Grey Football Boosters Club ($70k), Atlanta Suzuki Institute Inc ($70k) and River Valley Athletic Boosters ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.