Montessori Island Charter School Inc

Analysis

Montessori Island Charter School Inc is a registered charity in United States, based in Islamorada, FL. It received its IRS tax-exemption ruling in December 1999, 27 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, Montessori Island Charter School Inc reported income of $3.9m and spending of $3.5m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.9m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Island Charter School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Hall County Library System ($3.9m), Mohala Pua School ($3.9m) and Spokane Valley Christian School ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.2% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $3.0m against liabilities of $1.5m, net assets of $1.5m. It reported 31 employees.