Newport Montessori School

Analysis

Newport Montessori School is a registered charity in United States, based in Newport, NH. It received its IRS tax-exemption ruling in August 2006, 20 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 July 2023, Newport Montessori School reported income of $996k and spending of $863k, spending 87% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $577k to $996k (+73%), an average of +20% a year. The sharpest change came in the year to July 2021, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newport Montessori School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within NH. Charities of a similar size with the same main cause include American Friends of Big Change Inc ($996k), Texas High School Coaches Education Foundation ($996k) and The Traveling School ($996k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $48k (5.6% of expenses). Other salaries and wages came to $412k. At year end it held assets of $434k against liabilities of $8,019, net assets of $426k. It reported 32 employees.