Mandala School Inc

Analysis

Mandala School Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in February 2024, 2 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, Mandala School Inc reported income of $426k and spending of $292k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $89k to $426k (+376%), an average of +68% a year. The sharpest change came in the year to December 2021, when income rose by 275%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mandala School Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Horn Academy PTO ($426k), American Friends of Nesivos Hatorah Inc ($426k) and Iccd Academy NFP ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $124k. At year end it held assets of $749k against liabilities of $450k, net assets of $299k.