Maac Community Charter School

Analysis

Maac Community Charter School is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in February 2021, 5 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, Maac Community Charter School reported income of $3.7m and spending of $3.5m, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $3.7m to $3.7m (-1.6%), an average of -0.8% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maac Community Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Self Development Academy-Phoenix Inc ($3.7m), Harvest Ridge Schools ($3.7m) and Florida State Alliance of Ymcas Foundation Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (3.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.4m against liabilities of $1.5m, net assets of $918k. It reported 26 employees.