Southwest Institute of Montessori Studies

Analysis

Southwest Institute of Montessori Studies is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in October 2015, 11 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, Southwest Institute of Montessori Studies reported income of $1.7m and spending of $1.8m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $850k to $1.7m (+102%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Institute of Montessori Studies sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Rocket City Scholarship Granting Organization Inc ($1.7m), Farmingdale State College Student Government Association Inc ($1.7m) and Unity Schools Socal ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $71k (4.0% of expenses). Other salaries and wages came to $374k. At year end it held assets of $1.1m against liabilities of $888k, net assets of $231k. It reported 7 employees.