Cathedral Montessori School

Analysis

Cathedral Montessori School is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 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, Cathedral Montessori School reported income of $924k and spending of $904k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $974k to $924k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cathedral Montessori School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Center for Powerful Public Schools ($924k), Galion Public Library Association ($924k) and Winnetka Community Nursery School Inc ($924k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 94% of the total. Other salaries and wages came to $584k. At year end it held assets of $2.1m against liabilities of $128k, net assets of $2.0m. It reported 22 employees.