Miami Montessori School

Analysis

Miami Montessori School is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 2022, Miami Montessori School reported income of $404k and spending of $325k, spending 80% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $314k to $404k (+29%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miami Montessori School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Imperial County Historical Society ($404k), Musical Arts Assn Music Hall End ($404k) and John R Kauffman Jr Public Library ($404k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $39k (12% of expenses). Other salaries and wages came to $139k. At year end it held assets of $647k against liabilities of $384k, net assets of $263k. It reported 13 employees.