Park Montessori Incorporated
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
Where the income comes from
- Program services 8.9%
- Other 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ask Academy Education Foundation | Rio Rancho | $990k |
| Foundations Early Learning and Family Center Inc | Fairfield | $990k |
| Emerging Industries Training Institute Inc | Detriot | $990k |
| Eda and Cliff Viner Community Scholars Foundation Inc | Boca Raton | $990k |