American Montessori Society Inc

Analysis

American Montessori Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, American Montessori Society Inc reported income of $8.3m and spending of $7.1m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $8.3m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2020, when income dropped by 47%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Montessori Society Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Plumstead Christian School ($8.3m), Vision Academy Charter School ($8.3m) and John Muir Charter Schools ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $617k (8.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.1m against liabilities of $2.2m, net assets of $5.9m. It reported 38 employees.