Ville de Marie Academy Inc
Analysis
Ville de Marie Academy Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in June 1992, 34 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 May 2024, Ville de Marie Academy Inc reported income of $2.2m and spending of $1.9m, spending 88% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.3m to $2.2m (+76%), an average of +15% a year. The sharpest change came in the year to May 2021, when income rose by 42%. 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, Ville de Marie Academy Inc 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 84th percentile within AZ. Charities of a similar size with the same main cause include Community Montessori School Inc ($2.2m), Las School Foundation ($2.2m) and Vertex Partnership Academies Inc ($2.2m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 24% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $107k (5.6% of expenses). Other salaries and wages came to $946k. At year end it held assets of $5.1m against liabilities of $3.4m, net assets of $1.7m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 73%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Montessori School Inc | Lexington | $2.2m |
| Las School Foundation | Scottsdale | $2.2m |
| Vertex Partnership Academies Inc | Bronx | $2.2m |
| Monticello Montessori Charter School Inc | Ammon | $2.2m |