Gloucester Montessori School

Analysis

Gloucester Montessori School is a registered charity in United States, based in Gloucester, VA. It received its IRS tax-exemption ruling in February 1990, 36 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, Gloucester Montessori School reported income of $447k and spending of $485k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $319k to $447k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gloucester Montessori School sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Community Support Services Organization ($447k), Madison County Partnership for Children & Families Inc ($447k) and Agganis Foundation Inc ($447k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Other salaries and wages came to $300k. At year end it held assets of $701k against liabilities of $400k, net assets of $301k. It reported 20 employees.