Montessori Education Center of Hawaii Inc

Analysis

Montessori Education Center of Hawaii Inc is a registered charity in United States, based in Kamuela, HI. It received its IRS tax-exemption ruling in October 2003, 23 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 May 2023, Montessori Education Center of Hawaii Inc reported income of $457k and spending of $479k, spending 105% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $432k to $457k (+5.7%), an average of +1.9% a year. The sharpest change came in the year to May 2021, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori Education Center of Hawaii Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within HI. Charities of a similar size with the same main cause include Silver Impact Inc ($457k), Apple Valley Senior Citizens Club Inc ($457k) and Willoughby South High Boosters Club ($457k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $68k (14% of expenses). Other salaries and wages came to $203k. At year end it held assets of $501k against liabilities of $173k, net assets of $327k. It reported 18 employees.