Shrewsbury Montessori School Corporation

Analysis

Shrewsbury Montessori School Corporation is a registered charity in United States, based in Shrewsbury, MA. It received its IRS tax-exemption ruling in September 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 June 2023, Shrewsbury Montessori School Corporation reported income of $3.5m and spending of $2.9m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.5m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shrewsbury Montessori School Corporation 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 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Illinois Institute for Continuing Legal Education ($3.5m), Phoenix Village Academy ($3.5m) and Ednavigator Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $148k (5.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.2m against liabilities of $669k, net assets of $4.5m. It reported 49 employees.