Montessori Accreditation Council for Teacher Education Inc

Analysis

Montessori Accreditation Council for Teacher Education Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Montessori Accreditation Council for Teacher Education Inc reported income of $942k and spending of $1.2m, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $923k to $942k (+2.0%), an average of +0.7% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Accreditation Council for Teacher Education Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include United Hands Inc ($942k), Industrial Arts Institute Inc ($942k) and Institute for Transformative Education ($942k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $219k (19% of expenses). Other salaries and wages came to $525k. At year end it held assets of $542k against liabilities of $45k, net assets of $497k. It reported 9 employees.