Chemung Valley Montessori School

Analysis

Chemung Valley Montessori School is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in February 2000, 26 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 2022, Chemung Valley Montessori School reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $1.3m to $1.3m (-0.5%), an average of -0.2% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chemung Valley Montessori School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Subiaco Foundation ($1.3m), Educational Summer Center ($1.3m) and Crossbar Academy ($1.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Other salaries and wages came to $921k. At year end it held assets of $1.3m against liabilities of $464k, net assets of $792k. It reported 53 employees.