North Shore Montessori School

Analysis

North Shore Montessori School is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, North Shore Montessori School reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.1m to $1.5m (+30%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Shore Montessori School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Williamson Christian College ($1.5m), Islamic Acedamy of Delaware ($1.5m) and Grace Montessori Academy Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $111k (7.6% of expenses). Other salaries and wages came to $826k. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.1m. It reported 54 employees.