Masada Charter School Inc

Analysis

Masada Charter School Inc is a registered charity in United States, based in Colorado City, AZ. It received its IRS tax-exemption ruling in March 2002, 24 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, Masada Charter School Inc reported income of $7.0m and spending of $5.4m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $7.0m (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masada Charter School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Southgate Academy Inc ($7.0m), Kingdom Advisors Inc ($7.0m) and Maarif Foundation USA ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $136k (2.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $10.3m against liabilities of $3.7m, net assets of $6.6m. It reported 84 employees.