Oak Grove Montessori Elementary School Inc

Analysis

Oak Grove Montessori Elementary School Inc is a registered charity in United States, based in Mansfield, CT. It received its IRS tax-exemption ruling in November 1981, 45 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 2023, Oak Grove Montessori Elementary School Inc reported income of $673k and spending of $819k, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $989k to $673k (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Grove Montessori Elementary School Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Leitersburg Volunteer Fire Company ($673k), Fort Hays Tech North Central Foundation ($674k) and The Research and Educational Foundation of the Ohio Hospital ($673k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $149k (18% of expenses). Other salaries and wages came to $412k. At year end it held assets of $640k against liabilities of $311k, net assets of $328k. It reported 17 employees.