Menaul School

Analysis

Menaul School is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1987, 39 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, Menaul School reported income of $8.4m and spending of $8.9m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.2m to $8.4m (+17%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 48%. 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, Menaul School 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 96th percentile within NM. Charities of a similar size with the same main cause include Student Cooperative Association Inc ($8.4m), Vision Public Charter School of Middleton Inc ($8.4m) and Catholic Education Foundation Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $234k (2.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $10.6m against liabilities of $4.1m, net assets of $6.5m. It reported 115 employees.