Webster Montessori School

Analysis

Webster Montessori School is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in June 1969, 57 years ago. 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 2023, Webster Montessori School reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.6m (+13%), an average of +3.0% a year. The sharpest change came in the year to August 2023, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Webster Montessori School 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 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($1.6m), Terrapin House Inc ($1.6m) and United Way of the River Cities Inc ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $39k (2.7% of expenses). Other salaries and wages came to $913k. At year end it held assets of $4.1m against liabilities of $1.1m, net assets of $3.0m. It reported 44 employees.