Atlantic Montessori Charter School Inc

Analysis

Atlantic Montessori Charter School Inc is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Atlantic Montessori Charter School Inc reported income of $2.4m and spending of $2.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.4m (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlantic Montessori Charter School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include St Ignatius of Loyola Catholic School ($2.4m), Chambers County Educational Found Chambers Academy ($2.4m) and Good Life Foundation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $210k (8.4% of expenses). At year end it held assets of $1.7m against liabilities of $1.7m, net assets of -$28k. It reported 18 employees.