Montessori Family Schools of Manhattan

Analysis

Montessori Family Schools of Manhattan is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1979, 47 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 July 2023, Montessori Family Schools of Manhattan reported income of $4.0m and spending of $4.0m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $4.4m to $4.0m (-10%), an average of -2.6% a year. The sharpest change came in the year to July 2020, when income dropped by 18%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Family Schools of Manhattan sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Bell Canyon Charter School Inc ($4.0m), Independence Classical Academy Inc ($4.0m) and Kildonan School ($4.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $811k (20% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.2m against liabilities of $3,000, net assets of $2.2m. It reported 43 employees.