Montessori Academy at Spring Valley

Analysis

Montessori Academy at Spring Valley is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in February 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 June 2023, Montessori Academy at Spring Valley reported income of $755k and spending of $891k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $931k to $755k (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2022, when income rose by 83%. 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, Montessori Academy at Spring Valley sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Panama Union School District Parent Council ($755k), Carroll Education Foundation Inc ($755k) and Eastern Idaho Electrical Joint Apprentice Training Trust Tt-2 ($755k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $132k (15% of expenses). Other salaries and wages came to $446k. At year end it held assets of $335k against liabilities of $5,195, net assets of $330k. It reported 20 employees.