Montessori Network

Analysis

Montessori Network is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Montessori Network reported income of $6.0m and spending of $5.9m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.0m to $6.0m (+21%), an average of +6.7% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Network sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Asa Charter School ($6.0m), Childrens Choice Learning Connection Inc ($6.0m) and Sojourner Truth School ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (2.2% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $1.9m against liabilities of $429k, net assets of $1.5m. It reported 76 employees.