Alef Bet Montessori School Inc

Analysis

Alef Bet Montessori School Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in August 2007, 19 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 2024, Alef Bet Montessori School Inc reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $548k to $2.0m (+262%), an average of +29% a year. The sharpest change came in the year to July 2020, when income rose by 146%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alef Bet Montessori School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include University of North Carolina at Charlotte Investment Fund ($2.0m), Centralia Christian School ($2.0m) and Boston Graduate School of Psychoanalysis Inc ($2.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $87k (4.2% of expenses). Other salaries and wages came to $703k. At year end it held assets of $3.0m against liabilities of $394k, net assets of $2.6m. It reported 23 employees.