Mi Escuela Montessori Inc

Analysis

Mi Escuela Montessori Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in August 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, Mi Escuela Montessori Inc reported income of $3.2m and spending of $2.8m, spending 90% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $109k to $3.2m (+2787%), an average of +437% a year. The sharpest change came in the year to June 2022, when income rose by 1735%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mi Escuela Montessori Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Soundview School ($3.2m), Skagit Pre-School Association and Resource Center ($3.2m) and Bayan ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $86k (3.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.3m against liabilities of $832k, net assets of $465k. It reported 56 employees.