Divine Mercy Academy Inc

Analysis

Divine Mercy Academy Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 2022, 4 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, Divine Mercy Academy Inc reported income of $306k and spending of $298k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $157k to $306k (+95%), an average of +95% a year. The sharpest change came in the year to June 2023, when income rose by 95%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Divine Mercy Academy Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Prince of Peace Pre School Inc ($305k), South Carolina Indian Development Council Inc ($306k) and Community Montessori School ($305k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $169k. At year end it held assets of $27k against liabilities of $3,018, net assets of $24k. It reported 6 employees.