Lakeland Montessori Schoolhouse Inc

Analysis

Lakeland Montessori Schoolhouse Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in August 2004, 22 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, Lakeland Montessori Schoolhouse Inc reported income of $2.0m and spending of $1.4m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.0m (+32%), an average of +9.6% a year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeland Montessori Schoolhouse Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Arts Every Day Inc ($2.0m), Silver Oak Academy ($2.0m) and American Friends of Yeshivath Meor Hatalmud ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 79% of the total. At year end it held assets of $4.4m against liabilities of $862k, net assets of $3.5m.