Mountaintop Montessori

Analysis

Mountaintop Montessori is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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, Mountaintop Montessori reported income of $5.6m and spending of $4.6m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $5.6m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountaintop Montessori sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Pennsylvania Chapter of the American Academy of Pediatrics ($5.6m), XCS Inc ($5.6m) and U N M Lobo Club ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $162k (3.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $12.5m against liabilities of $7.1m, net assets of $5.4m. It reported 85 employees.