Innovation Montessori High School Ocoee Inc

Analysis

Innovation Montessori High School Ocoee Inc is a registered charity in United States, based in Ocoee, FL. It received its IRS tax-exemption ruling in December 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, Innovation Montessori High School Ocoee Inc reported income of $1.6m and spending of $1.8m, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $632k to $1.6m (+153%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Innovation Montessori High School Ocoee Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Accelerated Elementary and Secondary School ($1.6m), North Carolina Community College Foundation ($1.6m) and Keystone Prep High School ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 82% of the total. At year end it held assets of $168k against liabilities of $452k, net assets of -$284k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.