Cambridge Montessori School Inc

Analysis

Cambridge Montessori School Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 1964, 62 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 2023, Cambridge Montessori School Inc reported income of $3.7m and spending of $5.2m, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.5m to $3.7m (-43%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cambridge Montessori School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Manna-The Durango Soup Kitchen ($3.7m), Mid Nebraska Lutheran Home Assn ($3.7m) and YWCA Pierce County ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 132% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $6.9m against liabilities of $5.3m, net assets of $1.6m. It reported 100 employees.