New Vista Montessori School

Analysis

New Vista Montessori School is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in March 2002, 24 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 2024, New Vista Montessori School reported income of $1.0m and spending of $1.0m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $498k to $1.0m (+107%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Vista Montessori School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Future Seekers Inc ($1.0m), Los Angeles Review of Books ($1.0m) and Advocates for Community and Rural Education ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $109k (11% of expenses). Other salaries and wages came to $480k. At year end it held assets of $279k against liabilities of $59k, net assets of $220k. It reported 29 employees.