Shining Stars Montessori Academy Public Charter School
Analysis
Shining Stars Montessori Academy Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 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, Shining Stars Montessori Academy Public Charter School reported income of $5.9m and spending of $6.0m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.6m to $5.9m (+4.1%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Shining Stars Montessori Academy Public Charter School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Polaris Charter Academy ($5.9m), Hoboken Charter School Inc ($5.9m) and Baltimore Symphony Endowment Trust ($5.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $307k (5.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $15.1m against liabilities of $10.4m, net assets of $4.7m. It reported 62 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 87%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Polaris Charter Academy | Chicago | $5.9m |
| Hoboken Charter School Inc | Hoboken | $5.9m |
| Baltimore Symphony Endowment Trust | Baltimore | $5.9m |
| Washington Academy | East Machias | $5.9m |