Lexington Montessori School Inc

Analysis

Lexington Montessori School Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in August 1965, 61 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, Lexington Montessori School Inc reported income of $8.7m and spending of $8.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $8.7m (+22%), an average of +5.0% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lexington Montessori School Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include National School Boards Association Inc ($8.7m), Omaha Discovery TR ($8.7m) and Western Sierra Charter Schools ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $529k (6.4% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $14.9m against liabilities of $6.8m, net assets of $8.1m. It reported 89 employees.