Bay Farm Montessori Academy Inc

Analysis

Bay Farm Montessori Academy Inc is a registered charity in United States, based in Duxbury, MA. It received its IRS tax-exemption ruling in May 1991, 35 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, Bay Farm Montessori Academy Inc reported income of $5.3m and spending of $5.1m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.2m to $5.3m (+65%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Farm Montessori Academy Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Cristo Rey Brooklyn High School ($5.3m), The Burke Foundation ($5.3m) and The Stead School ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 89% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $6.3m against liabilities of $2.8m, net assets of $3.5m. It reported 85 employees.