Island Village Montessori School Inc

Analysis

Island Village Montessori School Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in July 2001, 25 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, Island Village Montessori School Inc reported income of $7.0m and spending of $6.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $7.0m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Island Village Montessori School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Chesapeake Charter School Alliance Ltd ($7.0m), Southfield School ($7.0m) and Chicago Public Library Foundation ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $10.1m against liabilities of $1.9m, net assets of $8.3m. It reported 92 employees.