Mascotte Charter School Inc

Analysis

Mascotte Charter School Inc is a registered charity in United States, based in Mascotte, FL. It received its IRS tax-exemption ruling in March 2008, 18 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, Mascotte Charter School Inc reported income of $9.2m and spending of $9.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $9.2m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mascotte Charter School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Young Judaea Global Inc ($9.2m), Emerson School Inc ($9.2m) and Twin Cities German Immersion School ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $117k (1.2% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $7.4m against liabilities of $6.8m, net assets of $585k. It reported 116 employees.