Sun Grove Montessori School Inc

Analysis

Sun Grove Montessori School Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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, Sun Grove Montessori School Inc reported income of $2.1m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.3m to $2.1m (+58%), an average of +12% a year. The sharpest change came in the year to July 2021, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sun Grove Montessori School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Reed Schools Foundation ($2.1m), Westfield Day Care Center Inc ($2.1m) and Foodwise Community ($2.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $1.2m against liabilities of $289k, net assets of $906k. It reported 37 employees.