Brooklyn Montessori Ltd

Analysis

Brooklyn Montessori Ltd is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brooklyn Montessori Ltd reported income of $3.6m and spending of $3.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.6m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brooklyn Montessori Ltd sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Angel Reach ($3.6m), Matriculate Inc ($3.6m) and The Sunday Breakfast Asssociation of Philadelphia ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $178k (5.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.5m against liabilities of $2.3m, net assets of $1.2m. It reported 37 employees.