Mingus Springs Charter School Inc

Analysis

Mingus Springs Charter School Inc is a registered charity in United States, based in Chino Valley, AZ. It received its IRS tax-exemption ruling in October 1996, 30 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, Mingus Springs Charter School Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mingus Springs Charter School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Waldorf Association Santa Barbara ($1.9m), Western Cuna Management School ($1.9m) and Oak Hill Charter School ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $93k (4.9% of expenses). Other salaries and wages came to $958k. At year end it held assets of $1.1m against liabilities of $258k, net assets of $820k. It reported 38 employees.