Montessori School of Camden

Analysis

Montessori School of Camden is a registered charity in United States, based in Camden, SC. It received its IRS tax-exemption ruling in March 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, Montessori School of Camden reported income of $2.2m and spending of $1.7m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $838k to $2.2m (+166%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori School of Camden sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include San Francisco Nativity Academy ($2.2m), Kansas Leadership Center Inc ($2.2m) and Learning First Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $102k (6.0% of expenses). Other salaries and wages came to $943k. At year end it held assets of $1.7m against liabilities of $851k, net assets of $871k. It reported 40 employees.