Montessori School on Edgewood

Analysis

Montessori School on Edgewood is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Montessori School on Edgewood reported income of $865k and spending of $879k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $752k to $865k (+15%), an average of +3.6% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montessori School on Edgewood sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Avow Care Services Incorporated ($865k), Black Farm Bureau ($865k) and Ace for Kids of Palm Beach Inc ($865k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $513k. At year end it held assets of $454k against liabilities of $207k, net assets of $247k. It reported 23 employees.