Mary Seat of Wisdom Academy Inc

Analysis

Mary Seat of Wisdom Academy Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in April 2023, 3 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, Mary Seat of Wisdom Academy Inc reported income of $127k and spending of $151k, spending 119% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $59k to $127k (+113%), an average of +114% a year. The sharpest change came in the year to June 2024, when income rose by 113%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mary Seat of Wisdom Academy Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within KS. Charities of a similar size with the same main cause include Sunset Middle School Parent Teacher Organization ($127k), Brighton Competition Team Inc ($127k) and Montessori Partnerships for Georgia Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.