Coastal Empire Montessori Community Organization Inc
Analysis
Coastal Empire Montessori Community Organization Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in August 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 2024, Coastal Empire Montessori Community Organization Inc reported income of $3.8m and spending of $3.0m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $3.8m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 46%. 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, Coastal Empire Montessori Community Organization Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Kentucky College of Art and Design Inc ($3.8m), Al Amal School ($3.8m) and Bodine of Germantown Inc ($3.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $122k (4.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.3m against liabilities of $205k, net assets of $3.1m.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 1.1%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kentucky College of Art and Design Inc | Louisville | $3.8m |
| Al Amal School | Fridley | $3.8m |
| Bodine of Germantown Inc | Germantown | $3.8m |
| Breakthrough Charter School | Marion | $3.9m |