Brooklyn Heights Montessori School

Analysis

Brooklyn Heights Montessori School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1965, 61 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, Brooklyn Heights Montessori School reported income of $11.1m and spending of $10.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.6m to $11.1m (+4.1%), an average of +1.0% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklyn Heights Montessori School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include South Central Primary Care Center Inc ($11.1m), Rancho Research Institute ($11.1m) and Hospital Sisters Services Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $622k (5.7% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $22.0m against liabilities of $15.5m, net assets of $6.5m. It reported 88 employees.