Childrens House Montessori Inc

Analysis

Childrens House Montessori Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in November 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, Childrens House Montessori Inc reported income of $585k and spending of $540k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $585k (+138%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens House Montessori Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within SD. Charities of a similar size with the same main cause include Mason Band Boosters Inc ($585k), Unite Here Local 274 Scholarship Fund ($585k) and Change4change ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $50k (9.2% of expenses). Other salaries and wages came to $268k. At year end it held assets of $988k against liabilities of $691k, net assets of $298k. It reported 20 employees.