Montgomery School

Analysis

Montgomery School is a registered charity in United States, based in Chester Springs, PA. It received its IRS tax-exemption ruling in February 1939, 87 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, Montgomery School reported income of $8.4m and spending of $8.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $8.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Rocketship Public Schools Texas ($8.4m), Century Community Charter Schools Inc ($8.4m) and Park School of Buffalo ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $375k (4.6% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $13.0m against liabilities of $6.7m, net assets of $6.3m. It reported 89 employees.