Montessori School in Norwich

Analysis

Montessori School in Norwich is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in September 1996, 30 years ago. 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, Montessori School in Norwich reported income of $476k and spending of $422k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $344k to $476k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori School in Norwich sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within NH. Charities of a similar size with the same main cause include National Giving Alliance ($476k), Sussex County Community College Foundation ($476k) and Meals on Wheels of Chesapeake Inc ($476k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $72k (17% of expenses). Other salaries and wages came to $224k. At year end it held assets of $778k against liabilities of $17k, net assets of $760k. It reported 8 employees.