Grumman Hill Montessori Association

Analysis

Grumman Hill Montessori Association is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grumman Hill Montessori Association reported income of $4.2m and spending of $3.5m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.4m to $4.2m (+23%), an average of +4.3% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grumman Hill Montessori Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Mizzentop Day School ($4.2m), Friends Of@discovery Health Sciences Foundation Inc ($4.2m) and Orchard Park Academy ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $541k (16% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.7m against liabilities of $636k, net assets of $7.0m. It reported 50 employees.