Bedford Montessori School Inc

Analysis

Bedford Montessori School Inc is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in April 1986, 40 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, Bedford Montessori School Inc reported income of $957k and spending of $771k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $739k to $957k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bedford Montessori School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Sheriff Arnotts Distinguished Posse Inc ($957k), University of Southern Mississippi Research Foundation ($957k) and Brethren Charity Fund Inc ($957k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $383k. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.3m. It reported 15 employees.