Lev Montessori Inc

Analysis

Lev Montessori Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in March 2018, 8 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 December 2023, Lev Montessori Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 6 years on record, from May 2019 to December 2023, income grew from $216k to $1.2m (+439%), an average of +40% a year. The sharpest change came in the year to May 2020, when income rose by 267%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lev Montessori 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 83rd percentile within FL. Charities of a similar size with the same main cause include Rootedgood ($1.2m), Ridgeline Education Corporation ($1.2m) and Innovation Science and Technologyy Academy ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $78k (7.1% of expenses). At year end it held assets of $459k against liabilities of $51k, net assets of $408k.