Blue Ridge Montessori Inc

Analysis

Blue Ridge Montessori Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in February 2001, 25 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 May 2023, Blue Ridge Montessori Inc reported income of $1.3m and spending of $1.4m, spending 111% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $741k to $1.3m (+69%), an average of +19% a year. The sharpest change came in the year to May 2021, when income rose by 78%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Ridge Montessori Inc sits at the 78th percentile: it is larger than about 78% 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 Clinton Christian Academy ($1.3m), Leaders & Scholars Inc ($1.3m) and Cedar Rapids Electrical Apprenticeship Training & Educ TR ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $73k (5.3% of expenses). Other salaries and wages came to $746k. At year end it held assets of $140k against liabilities of $150k, net assets of -$10k. It reported 75 employees.