Montessori Discovery School Incorporated

Analysis

Montessori Discovery School Incorporated is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in August 1992, 34 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, Montessori Discovery School Incorporated reported income of $872k and spending of $800k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $513k to $872k (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 35%. 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, Montessori Discovery School Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Lumber River United Way ($872k), Reno Rodeo Foundation ($872k) and Broadfutures Inc ($871k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $66k (8.3% of expenses). Other salaries and wages came to $425k. At year end it held assets of $742k against liabilities of $445k, net assets of $298k. It reported 22 employees.