The Alfred Montessori School

Analysis

The Alfred Montessori School is a registered charity in United States, based in Alfred, NY. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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 August 2024, The Alfred Montessori School reported income of $463k and spending of $459k, spending 99% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $263k to $463k (+76%), an average of +21% a year. The sharpest change came in the year to August 2024, when income rose by 49%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Alfred Montessori School sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include National Church Residences ($463k), Matan B-Seter ($464k) and Sterling Park District Museum Association Sterling Park District ($463k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $66k (14% of expenses). Other salaries and wages came to $328k. At year end it held assets of $27k against liabilities of $1,537, net assets of $26k. It reported 24 employees.