Vineyard Montessori School Inc

Analysis

Vineyard Montessori School Inc is a registered charity in United States, based in Vineyard HVN, MA. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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, Vineyard Montessori School Inc reported income of $1.6m and spending of $1.8m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $631k to $1.6m (+147%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 163%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vineyard Montessori School Inc sits at the 82nd percentile: it is larger than about 82% 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 S E M Villa II Inc ($1.6m), Spanish Dance Arts Company Inc ($1.6m) and Hope Harbor Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $1.9m, net assets of $731k. It reported 36 employees.