Threshold Montessori School

Analysis

Threshold Montessori School is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Threshold Montessori School reported income of $502k and spending of $373k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $502k (+34%), an average of +7.6% a year. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Threshold Montessori School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Open Hands Midway Inc ($502k), Movimiento Familiar Cristiano Catolico USA ($502k) and Lorenzos House ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $76k (20% of expenses). Other salaries and wages came to $184k. At year end it held assets of $442k against liabilities of $0, net assets of $442k. It reported 13 employees.