Montessori School of Louisville Inc

Analysis

Montessori School of Louisville Inc is a registered charity in United States, based in Louisville, KY. 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, Montessori School of Louisville Inc reported income of $2.5m and spending of $2.0m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.5m (+16%), an average of +3.7% 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, Montessori School of Louisville Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Ellis Center for Educational Excellence ($2.5m), Educational Academy for Boys and Girls ($2.5m) and Mason Tenders Training Fund ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $127k (6.3% of expenses). Other salaries and wages came to $765k. At year end it held assets of $2.3m against liabilities of $506k, net assets of $1.8m. It reported 35 employees.