Westwood Montessori School Inc
Analysis
Westwood Montessori School Inc is a registered charity in United States, based in Westwood, MA. It received its IRS tax-exemption ruling in October 2002, 24 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, Westwood Montessori School Inc reported income of $588k and spending of $520k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $413k to $588k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Westwood Montessori School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Ambleside School of Boerne ($588k), New Mexico Association for the Education of Young Children ($588k) and Tiger Fan Club ($588k).
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. Compensation of current officers, directors and key employees was $122k (23% of expenses). Other salaries and wages came to $199k. At year end it held assets of $244k against liabilities of $15k, net assets of $229k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.3%
- Program services 93%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ambleside School of Boerne | Boerne | $588k |
| New Mexico Association for the Education of Young Children | Albuquerque | $588k |
| Tiger Fan Club | Farmington | $588k |
| The Nia Foundation Incorporated | Los Angeles | $588k |