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Montessori School of Tupelo Mississippi Inc

RegisteredEIN 27-2264581Tupelo, MSEducation and training
Income$513k2024-06
Spending$708ksame year
Spent / received94%5-year average
Size in its cause68th pctEducation and training
Exempt since2014School
Employees31latest return

Analysis

Montessori School of Tupelo Mississippi Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in August 2014, 12 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, Montessori School of Tupelo Mississippi Inc reported income of $513k and spending of $708k, spending 138% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $372k to $513k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori School of Tupelo Mississippi Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MS. Charities of a similar size with the same main cause include Speak with Purpose ($513k), Templeton Community Library Association ($513k) and California Coalition of Early & Middle Colleges ($513k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.3% and program service revenue 93% of the total. Other salaries and wages came to $412k. At year end it held assets of $474k against liabilities of $388k, net assets of $86k. It reported 31 employees.

Income and spending

$0$177k$354k$531k$708k2020 Income: $371,6992020 Spending: $312,07520202021 Income: $376,6562021 Spending: $323,47420212022 Income: $674,5302022 Spending: $375,34820222023 Income: $539,1282023 Spending: $615,69420232024 Income: $512,5482024 Spending: $708,3932024
IncomeSpending

Where the income comes from

  • Contributions & grants 4.3%
  • Program services 93%
  • Other 2.7%

Similar-sized charities, same cause

CharityLocationIncome
Speak with PurposeRenton$513k
Templeton Community Library AssociationTempleton$513k
California Coalition of Early & Middle CollegesStockton$513k
Colorado Consortium for Earth and Space Science EducationColorado SPGS$513k