Morningside Montessori School Association

Analysis

Morningside Montessori School Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1967, 59 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 August 2024, Morningside Montessori School Association reported income of $1.8m and spending of $1.7m, spending 98% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.6m to $1.8m (+8.6%), an average of +1.7% a year. The sharpest change came in the year to August 2022, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morningside Montessori School Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Waldorf School of Louisville Inc ($1.8m), Project Stay Scholarships to Able Youth ($1.8m) and Moody Methodist Day School ($1.8m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 6.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $102k (5.9% of expenses). Other salaries and wages came to $925k. At year end it held assets of $2.5m against liabilities of $921k, net assets of $1.6m. It reported 30 employees.