Chicago Montessori NFP

Analysis

Chicago Montessori NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2005, 21 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, Chicago Montessori NFP reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.0m (+11%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Montessori NFP sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Junior Devils Inc ($2.0m), Plumbers Pipefitters and Mechanical Equipment Service Local ($2.0m) and Epic-Every Person Influences Children Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $146k (7.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $965k against liabilities of $642k, net assets of $323k. It reported 24 employees.