May River Montessori

Analysis

May River Montessori is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in April 2000, 26 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, May River Montessori reported income of $1.6m and spending of $1.8m, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.6m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, May River Montessori sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Columbia Greenhouse Nursery School ($1.6m), Gary K Herberger Young Scholars Academy ($1.6m) and Lucis Trust ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.1% and program service revenue 90% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.6m against liabilities of $1.5m, net assets of $1.0m. It reported 43 employees.