Columbus Montessori Education Center

Analysis

Columbus Montessori Education Center is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 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 2023, Columbus Montessori Education Center reported income of $4.6m and spending of $4.2m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $4.6m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Columbus Montessori Education Center sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Summit Leadership-High Desert ($4.6m), Topeka Collegiate School Inc ($4.6m) and Grants Central Station ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $169k (4.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.0m against liabilities of $957k, net assets of $3.0m. It reported 67 employees.