Hans Christian Andersen Montessori School Inc
Analysis
Hans Christian Andersen Montessori School Inc is a registered charity in United States, based in Bolton, CT. It received its IRS tax-exemption ruling in April 1974, 52 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, Hans Christian Andersen Montessori School Inc reported income of $260k and spending of $241k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $221k to $260k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hans Christian Andersen Montessori School Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Flourish Creative ($260k), Riverview School Inc ($260k) and Healdsburg Museum and Historical Society ($260k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $45k (19% of expenses). Other salaries and wages came to $108k. At year end it held assets of $304k against liabilities of $13k, net assets of $291k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.6%
- Program services 86%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Flourish Creative | Round Rock | $260k |
| Riverview School Inc | Henderson | $260k |
| Healdsburg Museum and Historical Society | Healdsburg | $260k |
| Wabaunsee County Historical Society | Alma | $260k |