Midwest Christian Montessori Academy
Analysis
Midwest Christian Montessori Academy is a registered charity in United States, based in Bolingbrook, IL. It received its IRS tax-exemption ruling in February 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, Midwest Christian Montessori Academy reported income of $349k and spending of $357k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $349k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 41%. 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, Midwest Christian Montessori Academy sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Sonoma Preschool Academy ($349k), Acton Academy Oshkosh Inc ($349k) and McKeen Street Learning Center Inc ($349k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $67k (19% of expenses). Other salaries and wages came to $187k. At year end it held assets of $178k against liabilities of $0, net assets of $178k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.3%
- Program services 95%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sonoma Preschool Academy | Sonoma | $349k |
| Acton Academy Oshkosh Inc | Oshkosh | $349k |
| McKeen Street Learning Center Inc | Brunswick | $349k |
| Sanger Education Foundation Inc | Sanger | $349k |