Pioneer Valley Montessori Society Inc

Analysis

Pioneer Valley Montessori Society Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in September 1966, 60 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, Pioneer Valley Montessori Society Inc reported income of $1.6m and spending of $1.0m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $773k to $1.6m (+104%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pioneer Valley Montessori Society Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Cheder Eitz Chaim Inc ($1.6m), STEM Coding Lab Inc ($1.6m) and Unidos MN Education Fund ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $78k (7.5% of expenses). Other salaries and wages came to $617k. At year end it held assets of $1.2m against liabilities of $241k, net assets of $957k. It reported 52 employees.