Tuckahoe Montessori School

Analysis

Tuckahoe Montessori School is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 1973, 53 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, Tuckahoe Montessori School reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $904k to $1.3m (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tuckahoe Montessori School sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Elim Care Inc ($1.3m), Praise Network Inc ($1.3m) and Isaiah 58 Ministries ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $92k (7.7% of expenses). Other salaries and wages came to $790k. At year end it held assets of $1.9m against liabilities of $362k, net assets of $1.5m. It reported 26 employees.