Montessori School of Central Vermont Inc

Analysis

Montessori School of Central Vermont Inc is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in November 2015, 11 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, Montessori School of Central Vermont Inc reported income of $1.2m and spending of $1.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $618k to $1.2m (+95%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori School of Central Vermont Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within VT. Charities of a similar size with the same main cause include Caloosa Humane Society Inc ($1.2m), Foundation for Manufacturing Excellence ($1.2m) and Young Nonprofit Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $585k. At year end it held assets of $2.2m against liabilities of $1.4m, net assets of $842k. It reported 31 employees.