Sussex Montessori School Inc

Analysis

Sussex Montessori School Inc is a registered charity in United States, based in Seaford, DE. It received its IRS tax-exemption ruling in February 2019, 7 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, Sussex Montessori School Inc reported income of $6.4m and spending of $6.6m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.5m to $6.4m (+156%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sussex 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 93rd percentile, and in the 93rd percentile within DE. Charities of a similar size with the same main cause include Brass City Charter School ($6.4m), Schoolhouse Supplies Inc ($6.4m) and University of Saint Katherine ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $155k (2.3% of expenses). Other salaries and wages came to $2.3m. It paid $45k in professional fundraising fees. At year end it held assets of $20.3m against liabilities of $15.9m, net assets of $4.4m. It reported 82 employees.