Lowcountry Montessori School

Analysis

Lowcountry Montessori School is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in June 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, Lowcountry Montessori School reported income of $4.5m and spending of $4.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.5m (+17%), an average of +4.0% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lowcountry Montessori School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Ocean Discovery Institute ($4.5m), Coalition for Osteopathic Excellence ($4.5m) and Le Lycee Francais Et International de San Diego ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $93k (2.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $7.1m against liabilities of $7.8m, net assets of -$640k. It reported 119 employees.