Mount Hope Montessori School Inc

Analysis

Mount Hope Montessori School Inc is a registered charity in United States, based in Mansfield Ctr, CT. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Mount Hope Montessori School Inc reported income of $263k and spending of $244k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $150k to $263k (+76%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Hope Montessori School Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Cherry Hill Food and Outreach Council ($263k), Ivy Foundation of Montgomery Alabama Inc ($263k) and Saving Teens in Crisis Collaborative Inc ($263k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $34k (14% of expenses). Other salaries and wages came to $139k. At year end it held assets of $201k against liabilities of $17k, net assets of $184k. It reported 11 employees.