Spring Bilingual Montessouri Academy

Analysis

Spring Bilingual Montessouri Academy is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in November 1971, 55 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, Spring Bilingual Montessouri Academy reported income of $1.4m and spending of $1.2m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.4m (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 44%. 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, Spring Bilingual Montessouri Academy sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include S O S Support Our Scholars Inc ($1.4m), Student Government Association ($1.4m) and Kenosha Christian Academy ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.7% of the total. Other salaries and wages came to $790k. At year end it held assets of $2.9m against liabilities of $953k, net assets of $2.0m. It reported 20 employees.