West Side Montessori School

Analysis

West Side Montessori School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 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, West Side Montessori School reported income of $11.3m and spending of $11.8m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.5m to $11.3m (+7.0%), an average of +2.3% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Side 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 VTS Industries Inc ($11.3m), Weave Inc ($11.3m) and The Niskanen Center Inc ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $670k (5.7% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $37.4m against liabilities of $8.9m, net assets of $28.5m. It reported 67 employees.