Sunshine Montessori School Inc
Analysis
Sunshine Montessori School Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1979, 47 years ago. 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 May 2023, Sunshine Montessori School Inc reported income of $856k and spending of $862k, spending 101% of its income. Across the 4 years on record, from May 2019 to May 2023, income grew from $680k to $856k (+26%), an average of +8.0% a year. The sharpest change came in the year to May 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunshine Montessori School Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Catherines House ($856k), Association of School Business Officials International ($856k) and Temporary Emergency Services Inc ($856k).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.0% and program service revenue 92% of the total. Other salaries and wages came to $610k. At year end it held assets of $393k against liabilities of $123k, net assets of $270k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.0%
- Program services 92%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Catherines House | Belmont | $856k |
| Association of School Business Officials International | Hopkinton | $856k |
| Temporary Emergency Services Inc | Tuscaloosa | $856k |
| Floyd County Legacy Foundation | New Albany | $857k |