Mate School

Analysis

Mate School is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in February 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 2024, Mate School reported income of $208k and spending of $144k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $158k to $208k (+31%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mate School sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include PTA Texas Congress ($208k), Waterbury Area Makersphere Cooperative Inc ($208k) and Help Homeschool ($208k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $68k (47% of expenses). Other salaries and wages came to $15k. At year end it held assets of $130k against liabilities of $2,390, net assets of $128k. It reported 2 employees.