Scuola Vita Nuova

Analysis

Scuola Vita Nuova is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 1999, 27 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, Scuola Vita Nuova reported income of $8.8m and spending of $7.5m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.2m to $8.8m (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scuola Vita Nuova sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Pennsylvania Academic Library Consortium Inc ($8.8m), Denver Montessori Society ($8.8m) and Eagle Arizona ($8.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $22.6m against liabilities of $8.2m, net assets of $14.4m. It reported 74 employees.