Escuela Hispana Montessori Inc

Analysis

Escuela Hispana Montessori Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Escuela Hispana Montessori Inc reported income of $2.3m and spending of $1.8m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.3m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Escuela Hispana Montessori Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Express Advantage ($2.3m), Choix Vocational Services ($2.3m) and Accelerate Institute ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $164k (9.0% of expenses). Other salaries and wages came to $998k. At year end it held assets of $1.4m against liabilities of $675k, net assets of $711k. It reported 30 employees.