Mariposa Language and Learning Academy

Analysis

Mariposa Language and Learning Academy is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 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, Mariposa Language and Learning Academy reported income of $2.2m and spending of $2.3m, spending 104% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.2m to $2.2m (+88%), an average of +37% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mariposa Language and Learning Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NV. Charities of a similar size with the same main cause include Tri-Cities Prep-A Catholic High School Under Patronage of St Thoma ($2.2m), Grow and Learn CDC Incorporated ($2.2m) and Catholic Community Schools ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $116k (5.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.1m against liabilities of $4.7m, net assets of -$574k. It reported 44 employees.