Central Montessori Academy Association Inc

Analysis

Central Montessori Academy Association Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 1980, 46 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, Central Montessori Academy Association Inc reported income of $2.0m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.0m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Montessori Academy Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Customed Inc ($2.0m), Johnstown Christian School ($2.0m) and Elevate Charter Schools Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 90% of the total. Other salaries and wages came to $880k. At year end it held assets of $1.4m against liabilities of $344k, net assets of $1.0m. It reported 21 employees.