South Walton Montessori Academy Inc

Analysis

South Walton Montessori Academy Inc is a registered charity in United States, based in Santa Rsa BCH, FL. It received its IRS tax-exemption ruling in March 2005, 21 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 2024, South Walton Montessori Academy Inc reported income of $854k and spending of $918k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $941k to $854k (-9.2%), an average of -1.9% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Walton Montessori Academy Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Association of School Business Officials International ($854k), Enroll Indy Inc ($854k) and Holy Family Homeschool Apostolate Inc ($854k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $196k (21% of expenses). Other salaries and wages came to $355k. At year end it held assets of $1.4m against liabilities of $351k, net assets of $1.1m. It reported 19 employees.