McKenzie Montessori Institute Incorporated
Analysis
McKenzie Montessori Institute Incorporated is a registered charity in United States, based in Springfield, OR. It received its IRS tax-exemption ruling in March 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 March 2023, McKenzie Montessori Institute Incorporated reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $851k to $1.5m (+72%), an average of +20% a year. The sharpest change came in the year to March 2022, when income rose by 40%. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, McKenzie Montessori Institute Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include John McLendon Leadership Initiative Foundation ($1.5m), Friends of Education ($1.5m) and C L I Incorporated ($1.5m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $157k (9.3% of expenses). Other salaries and wages came to $819k. At year end it held assets of $239k against liabilities of $202k, net assets of $38k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| John McLendon Leadership Initiative Foundation | Westlake | $1.5m |
| Friends of Education | Maple Grove | $1.5m |
| C L I Incorporated | Norwalk | $1.5m |
| The Motivational Edge Inc | Miami | $1.5m |