Kingwood Montessori School Inc
Analysis
Kingwood Montessori School Inc is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in August 2008, 18 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 2024, Kingwood Montessori School Inc reported income of $667k and spending of $684k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $537k to $667k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kingwood Montessori School Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include CTC International Inc ($667k), Southeastern Preparatory Academy Inc ($668k) and Studio Preparatory Inc ($667k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $167k (24% of expenses). Other salaries and wages came to $157k. At year end it held assets of $417k against liabilities of $51k, net assets of $366k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.8%
- Program services 97%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| CTC International Inc | Austin | $667k |
| Southeastern Preparatory Academy Inc | Winter Park | $668k |
| Studio Preparatory Inc | Austin | $667k |
| The National Press Club Journalism Institute Inc | Washington | $668k |