Mountain Laurel Montessori School Ltd

Analysis

Mountain Laurel Montessori School Ltd is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in May 1990, 36 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, Mountain Laurel Montessori School Ltd reported income of $1.5m and spending of $1.2m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.5m (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountain Laurel Montessori School Ltd sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Peach Association for the Intellectual Disabled Inc ($1.5m), National Church Residences ($1.5m) and Wi-Ne-Ma Christian Camp Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $55k (4.6% of expenses). Other salaries and wages came to $628k. At year end it held assets of $2.3m against liabilities of $256k, net assets of $2.0m. It reported 33 employees.