Versailles Montessori School Inc
Analysis
Versailles Montessori School Inc is a registered charity in United States, based in Versailles, KY. It received its IRS tax-exemption ruling in May 1995, 31 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, Versailles Montessori School Inc reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $910k to $1.2m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Versailles Montessori School Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Marvelously Made - the School for Young Children ($1.2m), Tiny Stars Learning Center Inc ($1.2m) and Riverpointe Christian Academy ($1.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 65% of the total. Other salaries and wages came to $725k. At year end it held assets of $1.5m against liabilities of -$4,166, net assets of $1.5m. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.1%
- Program services 65%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marvelously Made - the School for Young Children | Helotes | $1.2m |
| Tiny Stars Learning Center Inc | Clifton | $1.2m |
| Riverpointe Christian Academy | N Charleston | $1.2m |
| San Francisco Center for the Book | San Francisco | $1.2m |