Litchfield Montessori School Inc

Analysis

Litchfield Montessori School Inc is a registered charity in United States, based in Northfield, CT. It received its IRS tax-exemption ruling in September 1974, 52 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, Litchfield Montessori School Inc reported income of $1.5m and spending of $1.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 22%. 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, Litchfield Montessori School Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include South Shore Foundation for Early Childhood Education Inc ($1.5m), Mission Springs Christian School Inc ($1.5m) and Saint Augustine Montessori Community Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 89% of the total. Other salaries and wages came to $692k. At year end it held assets of $745k against liabilities of $763k, net assets of -$17k. It reported 26 employees.