Grow Montessori School Inc

Analysis

Grow Montessori School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Grow Montessori School Inc reported income of $511k and spending of $438k, spending 86% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $342k to $511k (+49%), an average of +8.4% a year. The sharpest change came in the year to July 2022, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grow Montessori School Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Woods Hole Day Care Cooperative ($511k), Southwest Arkansas Community Development Corporation ($511k) and Congressional Coalition on Adoption Institute ($511k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 2.9% and program service revenue 92% of the total. Other salaries and wages came to $305k. At year end it held assets of $182k against liabilities of $108k, net assets of $73k.