Lee Montessori Public Charter School

Analysis

Lee Montessori Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2014, 12 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 2023, Lee Montessori Public Charter School reported income of $14.3m and spending of $13.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $14.3m (+193%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lee Montessori Public Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Bais Tova Inc ($14.3m), Sigma Theta Tau International Inc ($14.3m) and Escondido Charter High School ($14.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $340k (2.5% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $19.7m against liabilities of $17.0m, net assets of $2.6m. It reported 155 employees.