Mountain City Public Montessori

Analysis

Mountain City Public Montessori is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in October 2022, 4 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 2024, Mountain City Public Montessori reported income of $1.4m and spending of $1.4m, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $29k to $1.4m (+4798%), an average of +4798% a year. The sharpest change came in the year to June 2024, when income rose by 4798%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain City Public Montessori sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Indian Bible College ($1.4m), Dayton Smart Elementary School ($1.4m) and What If We Could ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Other salaries and wages came to $769k. At year end it held assets of $216k against liabilities of $124k, net assets of $92k. It reported 34 employees.