Charleston Montessori Inc

Analysis

Charleston Montessori Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in January 2011, 15 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, Charleston Montessori Inc reported income of $783k and spending of $755k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $445k to $783k (+76%), an average of +15% 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, Charleston Montessori Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include Tuition Exchange Inc ($783k), Communities in Schools of Central Georgia Inc ($783k) and Empire State Library Network ($783k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 91% of the total. Other salaries and wages came to $499k. At year end it held assets of $242k against liabilities of $4,336, net assets of $238k. It reported 34 employees.