Montessori Progressive Learning Center Inc

Analysis

Montessori Progressive Learning Center Inc is a registered charity in United States, based in Saint Albans, 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 June 2022, Montessori Progressive Learning Center Inc reported income of $1.4m and spending of $1.2m, spending 82% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.3m to $1.4m (+10%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 101%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori Progressive Learning Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Beta Alpha Psi National Council ($1.4m), Latin United Community Housing Association ($1.4m) and Coalition on AIDS in Passaic County Inc ($1.4m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 80% and program service revenue 19% of the total. Other salaries and wages came to $650k. At year end it held assets of $381k against liabilities of $280k, net assets of $101k. It reported 20 employees.