Hello Montessori NFP

Analysis

Hello Montessori NFP is a registered charity in United States, based in Homewood, IL. It received its IRS tax-exemption ruling in January 2006, 20 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 July 2023, Hello Montessori NFP reported income of $95k and spending of $95k, spending 100% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $133k to $95k (-28%), an average of -28% a year. The sharpest change came in the year to July 2023, when income dropped by 28%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hello Montessori NFP sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Clearcreek I S D Support Groups ($95k), Rho Omicron Foundation ($95k) and Kendall Elementary School PTO Inc ($95k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. At year end it held assets of $78k against liabilities of $348, net assets of $77k.