Isthmus Montessori Academy Inc

Analysis

Isthmus Montessori Academy Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 2013, 13 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 July 2023, Isthmus Montessori Academy Inc reported income of $3.4m and spending of $3.1m, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.7m to $3.4m (+26%), an average of +5.9% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isthmus Montessori Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Charlotte Jewish Day School Inc ($3.4m), Bnos Orchos Chaim Inc ($3.4m) and Oahe Child Development Center Inc ($3.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $4.4m against liabilities of $3.4m, net assets of $986k. It reported 69 employees.