Willow Oak Montessori Charter School Inc

Analysis

Willow Oak Montessori Charter School Inc is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in October 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 June 2023, Willow Oak Montessori Charter School Inc reported income of $3.5m and spending of $3.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.5m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Willow Oak Montessori Charter School 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 NC. Charities of a similar size with the same main cause include Parkview Christian School ($3.5m), Somerset Christian School ($3.5m) and Academy for Teaching & Learning of the Chester County School Disrict ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $150k (4.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.7m against liabilities of $2.9m, net assets of $1.8m. It reported 76 employees.