Cobb School Montessori

Analysis

Cobb School Montessori is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in April 1978, 48 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, Cobb School Montessori reported income of $3.6m and spending of $4.0m, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.9m to $3.6m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cobb School Montessori sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($3.6m), Massachusetts College of Art and Design Foundation Inc ($3.6m) and New England Music Camp Association ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $200k (5.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.3m against liabilities of $1.4m, net assets of $3.9m. It reported 52 employees.