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Park Montessori Incorporated

RegisteredEIN 31-1021762Cincinnati, OHEducation and training
Income$990k2024-06
Spending$714ksame year
Spent / received64%5-year average
Size in its cause75th pctEducation and training
Exempt since1985School
Employees10latest return

Analysis

Park Montessori Incorporated is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 1985, 41 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 2024, Park Montessori Incorporated reported income of $990k and spending of $714k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $585k to $990k (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Park Montessori Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Ask Academy Education Foundation ($990k), Foundations Early Learning and Family Center Inc ($990k) and Emerging Industries Training Institute Inc ($990k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $145k (20% of expenses). Other salaries and wages came to $224k. At year end it held assets of $3.5m against liabilities of $232k, net assets of $3.3m. It reported 10 employees.

Income and spending

$0$254k$508k$761k$1.0m2020 Income: $584,9942020 Spending: $455,71520202021 Income: $979,4822021 Spending: $466,80920212022 Income: $1,015,1042022 Spending: $582,74020222023 Income: $925,5642023 Spending: $663,76620232024 Income: $989,9492024 Spending: $714,3522024
IncomeSpending

Where the income comes from

  • Program services 8.9%
  • Other 91%

Similar-sized charities, same cause

CharityLocationIncome
Ask Academy Education FoundationRio Rancho$990k
Foundations Early Learning and Family Center IncFairfield$990k
Emerging Industries Training Institute IncDetriot$990k
Eda and Cliff Viner Community Scholars Foundation IncBoca Raton$990k