University Montessori School Inc

Analysis

University Montessori School Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in December 1996, 30 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, University Montessori School Inc reported income of $467k and spending of $534k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $404k to $467k (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Montessori School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Educating Children of Color ($467k), Spirit and Grace Academy ($467k) and Carnegie Project on the Education Doctorate ($467k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $61k (11% of expenses). Other salaries and wages came to $335k. At year end it held assets of $481k against liabilities of -$203, net assets of $481k. It reported 13 employees.