Childrens Harbor Montessori School

Analysis

Childrens Harbor Montessori School is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in May 2002, 24 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 June 2024, Childrens Harbor Montessori School reported income of $699k and spending of $662k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $554k to $699k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Harbor Montessori School sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Covista Foundation ($699k), Houston Institute of Global Health ($699k) and Mequon Jewish Preschool Inc ($699k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $129k (20% of expenses). Other salaries and wages came to $314k. At year end it held assets of $275k against liabilities of $213k, net assets of $62k. It reported 16 employees.