Montessori School of New York-International Inc

Analysis

Montessori School of New York-International Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 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 August 2023, Montessori School of New York-International Inc reported income of $613k and spending of $705k, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $559k to $613k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to August 2021, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori School of New York-International Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include North Star Academy Parents Club ($613k), Perry County Literacy Council ($614k) and Wayne Montessori ($613k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $80k (11% of expenses). Other salaries and wages came to $85k. At year end it held assets of $113k against liabilities of $28k, net assets of $85k. It reported 8 employees.