Saint Augustine Montessori Community Inc

Analysis

Saint Augustine Montessori Community Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in March 2013, 13 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, Saint Augustine Montessori Community Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.5m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Augustine Montessori Community Inc 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 85th percentile within FL. Charities of a similar size with the same main cause include Noble Initiative Foundation ($1.5m), South Shore Foundation for Early Childhood Education Inc ($1.5m) and Emily Griffith Foundation Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $137k (9.6% of expenses). Other salaries and wages came to $729k. At year end it held assets of $466k against liabilities of $218k, net assets of $248k. It reported 33 employees.