Wellsvile Montessori School

Analysis

Wellsvile Montessori School is a registered charity in United States, based in Wellsville, NY. It received its IRS tax-exemption ruling in April 1984, 42 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 June 2023, Wellsvile Montessori School reported income of $208k and spending of $217k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $171k to $208k (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wellsvile Montessori School sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Project Ignite-Light ($208k), Emergency Nurses Association ($208k) and National Association of School Psychologists Education & Research ($208k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $155k (71% of expenses). At year end it held assets of $189k against liabilities of $315, net assets of $188k. It reported 15 employees.