Princeton Montessori Society

Analysis

Princeton Montessori Society is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in February 1969, 57 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, Princeton Montessori Society reported income of $9.2m and spending of $9.1m, spending 99% of its income. Across the 5 years on record, from August 2019 to June 2023, income grew from $7.6m to $9.2m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Princeton Montessori Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Providence School ($9.2m), Yellowstone Academy Inc ($9.2m) and Manna Worldwide Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $386k (4.2% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $8.3m against liabilities of $8.9m, net assets of -$623k. It reported 102 employees.