Meetinghouse Montessori Inc

Analysis

Meetinghouse Montessori Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Meetinghouse Montessori Inc reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.5m (+21%), an average of +4.8% a year. The sharpest change came in the year to August 2021, when income rose by 24%. 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, Meetinghouse Montessori Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Construction Teamsters Training and Upgrading Fund for Southern Califo ($1.5m), Boy Scouts of America ($1.5m) and The Path of Citrus County Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $278k (19% of expenses). Other salaries and wages came to $735k. At year end it held assets of $1.0m against liabilities of $541k, net assets of $473k. It reported 16 employees.