Kennedy Heights Montessori Center

Analysis

Kennedy Heights Montessori Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1971, 55 years ago. 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, Kennedy Heights Montessori Center reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $958k to $1.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kennedy Heights Montessori Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Ohio Baptist Camps ($1.2m), Faith Christian School ($1.2m) and Camp Andrews ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $65k (5.2% of expenses). Other salaries and wages came to $801k. At year end it held assets of $1.5m against liabilities of $188k, net assets of $1.3m. It reported 34 employees.