Montessori School of Pawleys Island

Analysis

Montessori School of Pawleys Island is a registered charity in United States, based in Pawleys Isl, SC. It received its IRS tax-exemption ruling in August 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 July 2023, Montessori School of Pawleys Island reported income of $730k and spending of $833k, spending 114% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $450k to $730k (+62%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 78%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori School of Pawleys Island sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Friends of the Huntington Beach Public Library ($729k), Wildcat Booster Club ($730k) and Dayspring Christian Schools Inc ($729k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $57k (6.8% of expenses). Other salaries and wages came to $460k. At year end it held assets of $1.1m against liabilities of $846k, net assets of $257k. It reported 27 employees.