Educational Corporation Mukogawa Gakuin

Analysis

Educational Corporation Mukogawa Gakuin is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 1991, 35 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 March 2023, Educational Corporation Mukogawa Gakuin reported income of $155.4m and spending of $157.4m, spending 101% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $174.2m to $155.4m (-11%), an average of -2.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Corporation Mukogawa Gakuin sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include Springfield College ($154.9m), Arcadia University ($155.4m) and Maryville University of St Louis ($154.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 11% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $135k (0.1% of expenses). Other salaries and wages came to $109k. At year end it held assets of $1.42bn against liabilities of $43.6m, net assets of $1.38bn. It reported 1 employees.