Concord Montessori School

Analysis

Concord Montessori School is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in January 1992, 34 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, Concord Montessori School reported income of $1.1m and spending of $1.0m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $699k to $1.1m (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concord Montessori School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Nassau Bar Foundation Inc ($1.1m), Companies for Causes ($1.1m) and Haycock Camping Ministries Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $129k (13% of expenses). Other salaries and wages came to $572k. At year end it held assets of $1.6m against liabilities of $684k, net assets of $905k. It reported 14 employees.