Discovery Montesori Academy K12 Inc

Analysis

Discovery Montesori Academy K12 Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in December 2020, 6 years ago. 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, Discovery Montesori Academy K12 Inc reported income of $184k and spending of $175k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $184k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Discovery Montesori Academy K12 Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Comunidades Transnationales Salvadorenas Americanas ($184k), Miss Oklahoma Scholarship Foundation Inc ($184k) and Amelia Volunteer Fire Department ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.