Hollis Montessori School
Analysis
Hollis Montessori School is a registered charity in United States, based in Hollis, NH. It received its IRS tax-exemption ruling in July 2009, 17 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, Hollis Montessori School reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hollis Montessori School 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 86th percentile within NH. Charities of a similar size with the same main cause include SLCC Foundation ($1.6m), Morelands Alternative Educational Academy Inc ($1.6m) and Invictus Schools ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $82k (5.6% of expenses). Other salaries and wages came to $740k. At year end it held assets of $4.4m against liabilities of $3.0m, net assets of $1.4m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 83%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| SLCC Foundation | Lafayette | $1.6m |
| Morelands Alternative Educational Academy Inc | Pompano Beach | $1.6m |
| Invictus Schools | Los Angeles | $1.6m |
| Folds of Honor Foundation | Friendswood | $1.6m |