Lighthouse Montessori

Analysis

Lighthouse Montessori is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2011, 15 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 2023, Lighthouse Montessori reported income of $383k and spending of $379k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $382k to $383k (+0.2%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Montessori sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Chemical Marketing & Economics Inc ($383k), 206 Universal ($383k) and Avon Lake High School Boosters Inc ($383k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $84k (22% of expenses). Other salaries and wages came to $136k. At year end it held assets of $406k against liabilities of $44k, net assets of $362k. It reported 14 employees.