Gladwyne Montessori School

Analysis

Gladwyne Montessori School is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in October 1963, 63 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 2023, Gladwyne Montessori School reported income of $7.7m and spending of $6.0m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $7.7m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gladwyne Montessori School sits at the 94th percentile: it is larger than about 94% 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 College Unbound ($7.7m), Sunday Breakfast Mission Inc ($7.7m) and LT Joseph P Kennedy Institute ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $409k (6.8% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $18.0m against liabilities of $4.5m, net assets of $13.5m. It reported 86 employees.