East Cooper Montessori Charter School

Analysis

East Cooper Montessori Charter School is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in May 2004, 22 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, East Cooper Montessori Charter School reported income of $7.2m and spending of $5.3m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $7.2m (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Cooper Montessori Charter School 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 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Gruber Foundation ($7.2m), Yavneh Day School ($7.2m) and Reid Traditional Schools Valley Academy Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.7% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $9.7m against liabilities of $13.3m, net assets of -$3.6m. It reported 76 employees.