Montessori House of Ocala

Analysis

Montessori House of Ocala is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Montessori House of Ocala reported income of $808k and spending of $811k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $809k to $808k (-0.2%), an average of -0.1% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori House of Ocala sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Stella Learning Center Inc ($808k), Connecticut Library Consortium Inc ($808k) and Open Law Library ($807k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $316k (39% of expenses). Other salaries and wages came to $219k. At year end it held assets of $84k against liabilities of $0, net assets of $84k.