Einstein Montessori Academy Inc

Analysis

Einstein Montessori Academy Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in July 2022, 4 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, Einstein Montessori Academy Inc reported income of $718k and spending of $670k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $495k to $718k (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Einstein Montessori Academy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Lakes Area Kids Enrichment Foundation ($718k), Hamilton Southeastern Schools Foundation Inc ($718k) and Life Center of Elkhart County Inc ($718k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $36k (5.3% of expenses). Other salaries and wages came to $409k. At year end it held assets of $285k against liabilities of $74k, net assets of $211k. It reported 20 employees.