Lexington Montessori School Inc

Analysis

Lexington Montessori School Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lexington Montessori School Inc reported income of $660k and spending of $675k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $452k to $660k (+46%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 57%. 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, Lexington Montessori School Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Yeshiva Building Fund Inc ($660k), Imaginal Education Company ($660k) and Friends of Lubavitch Inc ($660k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $73k (11% of expenses). Other salaries and wages came to $394k. At year end it held assets of $634k against liabilities of $59k, net assets of $575k. It reported 31 employees.