Kingston Montessori Academy

Analysis

Kingston Montessori Academy is a registered charity in United States, based in Fate, TX. It received its IRS tax-exemption ruling in October 2010, 16 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 December 2023, Kingston Montessori Academy reported income of $303k and spending of $320k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $501k to $303k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingston Montessori Academy sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Keep the Spark Alive Inc ($303k), Azalea City Christian School and Child Development Center ($304k) and Learning and Families Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $35k (11% of expenses). Other salaries and wages came to $97k. At year end it held assets of $458k against liabilities of $125k, net assets of $332k. It reported 10 employees.