Cape Fear Montessori Village Inc

Analysis

Cape Fear Montessori Village Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in February 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 2024, Cape Fear Montessori Village Inc reported income of $2.7m and spending of $2.6m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $2.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 19%. 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, Cape Fear Montessori Village 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 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Building Bridges Child Development ($2.7m), Manchester Scholarship Foundation Inc ($2.7m) and Foundation for Accounting Education Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $99k (3.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.5m against liabilities of $2.4m, net assets of $1.1m. It reported 71 employees.