Mercer Island High School P T S a Mercer Island Council 2-9-50
Analysis
Mercer Island High School P T S a Mercer Island Council 2-9-50 is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Mercer Island High School P T S a Mercer Island Council 2-9-50 reported income of $205k and spending of $181k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $187k to $205k (+9.9%), an average of +9.9% a year. Over the whole period it spent 122% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mercer Island High School P T S a Mercer Island Council 2-9-50 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 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Silverspot Nursery School ($205k), Loveland Pre School Inc ($205k) and Hung Tao Choy Mei Leadership Institute ($205k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 35% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 35%
- Other 4.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Silverspot Nursery School | Brisbane | $205k |
| Loveland Pre School Inc | Loveland | $205k |
| Hung Tao Choy Mei Leadership Institute | Washington | $205k |
| Gaia Democratic School | Minneapolis | $205k |