Mackintosh Academy

Analysis

Mackintosh Academy is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 1979, 47 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 2023, Mackintosh Academy reported income of $8.3m and spending of $8.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $8.3m (+14%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 23%. 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, Mackintosh Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Urban Prep Academies ($8.3m), Marty Indian School Board Inc ($8.3m) and Bradford-Tioga Head Start Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $379k (4.5% of expenses). Other salaries and wages came to $3.9m. It paid $71k in professional fundraising fees. At year end it held assets of $15.0m against liabilities of $9.9m, net assets of $5.1m. It reported 90 employees.