Harmony Day Montessori School

Analysis

Harmony Day Montessori School is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in November 2022, 4 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 2024, Harmony Day Montessori School reported income of $318k and spending of $271k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $220k to $318k (+45%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harmony Day Montessori School sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Grace Network ($318k), San Diego County Theatrical Training Fund ($318k) and Heart Missionary Training Institute Inc ($318k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $45k (16% of expenses). Other salaries and wages came to $141k. At year end it held assets of $168k against liabilities of $15k, net assets of $153k. It reported 8 employees.