Coastal Montessori Charter School

Analysis

Coastal Montessori Charter School is a registered charity in United States, based in Pawleys Isl, SC. It received its IRS tax-exemption ruling in March 2013, 13 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, Coastal Montessori Charter School reported income of $3.1m and spending of $3.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.1m (+4.0%), an average of +1.0% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coastal Montessori Charter School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Prairie Creek Community School ($3.1m), Bright Star Education Group ($3.1m) and South Baylo University ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.6% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $8.0m against liabilities of $6.0m, net assets of $2.0m. It reported 66 employees.