Pinewoods Montessori School Corporation

Analysis

Pinewoods Montessori School Corporation is a registered charity in United States, based in Hillsborough, NC. It received its IRS tax-exemption ruling in June 2009, 17 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 2023, Pinewoods Montessori School Corporation reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.7m (+42%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 19%. 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, Pinewoods Montessori School Corporation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include American Friends of Yekerai Yerusha Layim ($1.7m), Mattituck Laurel Library ($1.7m) and Courage Schools Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $147k (8.8% of expenses). Other salaries and wages came to $796k. At year end it held assets of $896k against liabilities of $288k, net assets of $608k. It reported 43 employees.