Elizabeth Ann Clune Montessori School of Ithaca

Analysis

Elizabeth Ann Clune Montessori School of Ithaca is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in December 1981, 45 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, Elizabeth Ann Clune Montessori School of Ithaca reported income of $3.8m and spending of $3.8m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.1m to $3.8m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elizabeth Ann Clune Montessori School of Ithaca sits at the 87th percentile: it is larger than about 87% 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 Wellmed Charitable Foundation ($3.8m), Rocky Mountain University of Health Professions Foundation ($3.8m) and African American Leadership Forum ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $234k (6.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.6m against liabilities of $717k, net assets of $5.8m. It reported 83 employees.