Montessori Childrens School of Key West Inc

Analysis

Montessori Childrens School of Key West Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in September 1972, 54 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, Montessori Childrens School of Key West Inc reported income of $1.9m and spending of $1.2m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.9m (+87%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Childrens School of Key West Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Concordia Education Foundation Inc ($1.9m), Peace Academy ($1.9m) and Nelson Mandela Elementary School Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 48% of the total. Other salaries and wages came to $664k. At year end it held assets of $2.4m against liabilities of $1.7m, net assets of $657k. It reported 17 employees.